BAKER
TECHNOLOGY
L IMI TED
THE BE ST
I N US
. 78
Group
Company
Note
2017
2016
2017
2016
$’000
$’000
$’000
$’000
Non-current assets
Property, plant andequipment
10
113,410
16,461
6
2
Intangible assets
11
1,810
2,050
–
–
Investment in subsidiaries
12
–
–
22,800
22,800
Investment securities
13
2,388
3,317
2,388
3,317
Deferred tax assets
14
17
248
–
–
117,625
22,076
25,194
26,119
Current assets
Gross amount due fromcustomers
for contractwork-in-progress
15
61
1,039
–
–
Inventories andwork-in-progress
16
634
85,431
–
–
Trade andother receivables
17
2,731
5,683
52
1,089
Prepaidoperatingexpenses
112
187
12
12
Amounts due from subsidiaries
18
–
–
100,641
93,074
Investment securities
13
1,068
3,218
1,068
3,218
Cash and short-termdeposits
19
86,642
106,956
79,872
99,157
91,248
202,514
181,645
196,550
Less:Current liabilities
Gross amount due tocustomers
for contractwork-in-progress
15
104
122
–
–
Trade andother payables
20
5,804
8,044
412
1,241
Amounts due to subsidiaries
18
–
–
5,000
5,653
Income taxpayable
407
302
–
26
6,315
8,468
5,412
6,920
Net current assets
84,933
194,046
176,233
189,630
Non-current liability
Deferred tax liabilities
14
44
455
–
–
Net assets
202,514
215,667
201,427
215,749
Equityattributable toowners
of theCompany
Sharecapital
21
108,788
108,788
108,788
108,788
Reserves
93,726
106,879
92,639
106,961
Total equity
202,514
215,667
201,427
215,749
BALANCE
SHEETS
AS AT 31 DECEMBER 2017
The accompanying accountingpolicies andexplanatorynotes form an integral part of the financial statements.
