45
CITIC ENVIROTECH LTD.
Annual
Report
2015
See accompanying notes to financial statements.
STATEMENTS OF
FINANCIAL POSITION
December 31, 2015
Group
Company
Note
December
31,
2015
$’000
March 31,
2015
$’000
December
31,
2015
$’000
March 31,
2015
$’000
LIABILITIES AND EQUITY
Current liabilities
Bank loans
19 237,141
60,379
–
1,350
Medium term notes
24 97,700
–
97,700
–
Trade payables
20 140,708 112,605
–
–
Other payables
21 52,641
79,398
21,071
35,132
Finance leases
22
180
47
17
16
Income tax payable
25,054
22,656
–
–
553,424 275,085 118,788
36,498
Liabilities directly associated with
assets classified as held for sale
12 31,238
26,204
–
–
Total current liabilities
584,662 301,289 118,788
36,498
Non-current liabilities
Bank loans
19 188,610 160,395
–
–
Finance leases
22
256
180
83
96
Convertible bonds
23
–
58,782
–
58,782
Medium term notes
24 222,226
98,228 222,226
98,228
Deferred tax liabilities
18 36,376
26,505
–
–
Total non-current liabilities
447,468 344,090 222,309 157,106
Capital, reserves and
non-controlling interests
Share capital
25 607,973 484,125 607,973 484,125
Perpetual capital securities
26 242,055
–
242,055
–
General reserve
27
5,330
4,469
–
–
Capital reserve
28
2,096
2,096
–
–
Share option reserve
29 20,445
13,515
20,445
13,515
Convertible bonds reserve
23
–
8,707
–
8,707
Currency translation reserve
28 29,878
34,932
4,415
18,939
Retained earnings
193,971 160,816
4,353
6,373
Equity attributable to owners
of the Company
1,101,748 708,660 879,241 531,659
Non-controlling interests
39,008
32,685
–
–
Total equity
1,140,756 741,345 879,241 531,659
Total liabilities and equity
2,172,886 1,386,724 1,220,338 725,263
