62
SINGAPORE SHIPPING CORPORATION LIMITED
STATEMENTS OF FINANCIAL POSITION
as at 31 March 2016
The Group
The Company
Note 2016
US$’000
2015
US$’000
2016
US$’000
2015
US$’000
(Restated)
Non-current assets
Property, plant and equipment
9
157,026
162,280
–
–
Goodwill
10
702
687
–
–
Investment in subsidiaries
11
–
–
32,625
32,625
Amount due from subsidiaries
11
–
–
11,714
14,608
Associated company and joint
venture
13
4,000
4,110
1,208
1,208
Derivative financial assets
21
–
452
–
–
Other assets
14
151
103
–
–
161,879
167,632
45,547
48,441
Current assets
Inventories
447
448
–
–
Trade and other receivables
15
5,411
6,080
26
15
Amount due from subsidiaries
12
–
–
51
249
Financial assets held for trading 16
92
113
–
–
Cash and cash equivalents
17
13,160
7,297
11,064
3,863
19,110
13,938
11,141
4,127
Less:
Current liabilities
Trade and other payables
18
7,233
6,083
251
225
Amount due to subsidiaries
19
–
–
3,509
1,419
Derivative financial liabilities
21
910
1,057
–
–
Current taxation
–
14
–
–
Bank borrowings
20
12,188
12,188
–
–
20,331
19,342
3,760
1,644
Net current (liabilities)/assets
(1,221)
(5,404)
7,381
2,483
The accompanying notes form an integral part of these financial statements.
