43
AVI-TECH ELECTRONICS LIMITED
| ANNUAL REPORT 2015
STATEMENTS OF
FINANCIAL POSITION
30 June 2015
Group
Company
Note
2015
2014
2015
2014
$’000
$’000
$’000
$’000
ASSETS
Current assets
Cash and bank balances
6
12,382
4,730
12,071
4,652
Fixed and call deposits
7
15,420
19,400
15,420
19,400
Trade receivables
9
6,177
3,518
6,202
3,522
Other receivables and prepayments
10
741
237
971
236
Inventories
11
3,532
3,048
3,532
3,048
Held-to-maturity financial assets
12
–
2,022
–
2,022
38,252
32,955
38,196
32,880
Assets classified as held for sale
and/or for distribution
13
46
1,227
–
–
Total current assets
38,298
34,182
38,196
32,880
Non-current assets
Subsidiaries
14
–
–
–
–
Property, plant and equipment
15
12,662
12,511
12,662
12,501
Total non-current assets
12,662
12,511
12,662
12,501
Total assets
50,960
46,693
50,858
45,381
LIABILITIES AND EQUITY
Current liabilities
Bank loan
16
612
612
612
612
Trade payables
17
3,021
2,189
3,281
2,236
Other payables
18
2,381
1,718
2,346
1,703
Finance leases
19
7
48
7
48
6,021
4,567
6,246
4,599
Liabilities directly associated with assets
classified as held for sale and/or for
distribution
13
2
1,652
–
–
Total current liabilities
6,023
6,219
6,246
4,599
Non-current liabilities
Bank loan
16
996
1,608
996
1,608
Finance leases
19
–
2
–
2
Deferred tax liabilities
20
151
–
151
–
Total non-current liabilities
1,147
1,610
1,147
1,610
Capital and reserves
Share capital
21
31,732
31,732
31,732
31,732
Treasury shares
21
(933)
(933)
(933)
(933)
Reserves
12,991
7,735
12,666
8,373
Equity attributable to owners of the Company
43,790
38,534
43,465
39,172
Non-controlling interests
–
330
–
–
Total equity
43,790
38,864
43,465
39,172
Total liabilities and equity
50,960
46,693
50,858
45,381
See accompanying notes to financial statements.
