BAKERTECHNOLOGYLIMITED
ANNUALREPORT2013
76
BalanceSheets
Group
Company
Note
2013
2012
2013
2012
$
$
$
$
Non-current assets
Property, plant and equipment
11
6,056,716 2,821,924 4,319,154
9,610
Goodwill
12
7,551,331 7,551,331
–
–
Investment in subsidiaries
13
–
– 21,000,001 20,000,000
Investment in an associate
14
– 32,019,623
– 32,030,623
Investment securities
15
2,456,456
– 2,456,456
–
Deferred tax assets
16
876,000
392,000
–
–
16,940,503 42,784,878 27,775,611 52,040,233
Current assets
Gross amount due from customers for contract
work-in-progress
17
14,547,420 25,844,908
–
–
Inventories
18
5,573,492 19,162,177
–
–
Trade and other receivables
19
13,191,710 19,679,741
93,080
167,652
Prepaidoperating expenses
45,049
44,531
10,792
16,637
Amounts due from subsidiaries
20
–
– 5,478,265 2,700,000
Pledged deposits
21
– 11,067,427
–
–
Cash and short-term deposits
22
205,871,055 173,901,562 156,810,290 167,789,758
239,228,726 249,700,346 162,392,427 170,674,047
Less : Current liabilities
Gross amount due to customers for contract
work-in-progress
17
820,675 1,844,795
–
–
Loans andborrowings
23
– 3,678,049
–
–
Trade and other payables
24
11,738,469 14,746,029 1,372,274 3,139,566
Tax payable
3,767,092 4,073,458
3,729
4,656
16,326,236 24,342,331 1,376,003 3,144,222
Net current assets
222,902,490 225,358,015 161,016,424 167,529,825
Net assets
239,842,993 268,142,893 188,792,035 219,570,058
Equity attributable toowners of theCompany
Share capital
26
86,850,625 50,316,870 86,850,625 50,316,870
Reserves
152,992,368 217,826,023 101,941,410 169,253,188
Total equity
239,842,993 268,142,893 188,792,035 219,570,058
ASAT 31December 2013
The accompanying accountingpolicies and explanatory notes form an integral part of the financial statements.
