Page 45 - ar2011

Balance Sheets
As at 31st December 2011
NATURAL COOL HOLDINGS LIMITED
Annual Report 2011 43
The accompanying notes form an integral part of these fnancial statements.
Group Company
Note 2011 2010 2011 2010
$ $ $ $
Assets
Property, plant and equipment 4 16,056,708 13,775,711 – –
Intangible assets 5 3,753,582 3,693,977 – –
Club memberships 454,100 – 454,100 –
Investment properties 6 16,312,283 3,825,917 – –
Subsidiaries 7 – – 15,006,817 15,006,817
Deferred tax asset 17 2,128,000 2,128,000 – –
Non-current assets 38,704,673 23,423,605 15,460,917 15,006,817
Inventories 8 19,618,615 15,519,538 – –
Trade and other receivables 10 44,525,389 41,663,659 7,131,540 8,284,716
Cash and cash equivalents 11 10,257,363 25,951,513 130,329 4,518,033
74,401,367 83,134,710 7,261,869 12,802,749
Non-current asset held for sale 12 – 11,214,276 – –
Current assets 74,401,367 94,348,986 7,261,869 12,802,749
Total assets 113,106,040 117,772,591 22,722,786 27,809,566
Equity
Share capital 13 28,956,902 25,629,354 28,956,902 25,629,354
Reserves 14 (3,524,287) (2,284,367) – 1,125,645
Accumulated profts/(losses) 9,943,260 16,689,182 (6,627,186) (282,965)
Equity attributable to owners
of the Company 35,375,875 40,034,169 22,329,716 26,472,034
Non-controlling interests 351,189 592,614 – –
Total equity 35,727,064 40,626,783 22,329,716 26,472,034
Liabilities
Loans and borrowings 15 13,577,700 5,579,592 – –
Deferred tax liabilities 16 445,925 752,539 – –
Non-current liabilities 14,023,625 6,332,131 – –
Trade and other payables 17 56,338,025 53,639,259 386,383 1,212,532
Loans and borrowings 15 4,428,791 13,950,209 – 125,000
Current tax payable 2,588,535 3,224,209 6,687 –
Current liabilities 63,355,351 70,813,677 393,070 1,337,532
Total liabilities 77,378,976 77,145,808 393,070 1,337,532
Total equity and liabilities 113,106,040 117,772,591 22,722,786 27,809,566