Page 67 - SAR141018_Forterra AR 2013

FORTERRA
ANNUAL REPORT 2013
STATEMENTS OF
FINANCIAL POSITION
AS AT 31 DECEMBER 2013
65
Group Trust
Note 2013 2012 2013 2012
$’000 $’000 $’000 $’000
Non-current assets
Investment properties 4 2,438,479 2,236,656 – –
Property, plant and equipment 5 979 1,208 – –
Subsidiaries 6 – – 976,874 976,874
2,439,458 2,237,864 976,874 976,874
Current assets
Trade and other receivables 7 54,913 99,946 96,763 77,647
Cash and cash equivalents 8 108,244 42,080 2,743 49
Assets classified as held for sale 9 75,510 436,684 – –
238,667 578,710 99,506 77,696
Total assets 2,678,125 2,816,574 1,076,380 1,054,570
Non-current liabilities
Interest-bearing borrowings 10 617,223 648,903 – –
Debt securities 10,11 – 69,995 – 69,995
Derivative financial liabilities 12 – 1,128 – 54
Deferred tax liabilities 13 393,601 367,906 546 850
1,010,824 1,087,932 546 70,899
Current liabilities
Interest-bearing borrowings 10 91,789 23,377 – –
Debt securities 10,11 79,470 5,170 79,470 5,170
Derivative financial liabilities 12 85 166 – 166
Current tax liabilities 415 123 – –
Trade and other payables 14 102,262 102,897 94,114 45,527
Liabilities classified as held for
sale 9 70,242 340,438 – –
344,263 472,171 173,584 50,863
Total liabilities 1,355,087 1,560,103 174,130 121,762
Net assets 1,323,038 1,256,471 902,250 932,808