DEFINING DESIGN
QUALITY
78
17.
Other investments
Group and Company
2014
2013
$’000
$’000
Available-for-sale financial assets
- Unquoted equity shares
38
580
Held-to-maturity investment
- 4% p.a. US bonds due 23 October 2017 (quoted)
1,055
1,055
1,093
1,635
Pursuant to the Company’s acquisition of a 0.004% equity interest in Kingsmen C.M.T.I. Co., Ltd in January 2014, the
Group’s effective interest in Kingsmen C.M.T.I. Co., Ltd increased to 20%. Consequently, Kingsmen C.M.T.I. Co., Ltd
became an associate of the Group. Prior to that, Kingsmen C.M.T.I. Co., Ltd was accounted for as an available-for-
sale financial asset of the Group.
Fair value information has not been disclosed for the Group’s investment in equity shares that is carried at cost
because the fair value (Level 3) cannot be measured reliably. The Group does not intend to dispose of this investment
in the foreseeable future.
The fair value (Level 1) of the Group’s investment in the US bonds, of which the issuer is from the financial services
industry, is determined to be $1,055,000 (2013: $1,055,000) based on the published market bid price at the end of the
reporting year.
18.
Trade and other receivables
Group
Company
2014
2013
2014
2013
$’000 $’000
$’000 $’000
Current
Trade receivables
Non-related parties
78,395 88,663
–
–
Less: Impairment loss
(1,065)
(771)
–
–
Subsidiaries
–
–
798
859
Associates
2,076
740
75
390
Related parties
33
1,492
1
148
Sub-total
79,439 90,124
874
1,397
Other receivables
Other receivables
2,974
3,842
201
348
Subsidiaries
–
–
1,460
1,612
Loan receivable from subsidiaries
–
–
2,572
531
Associates
38
208
37
208
Loan receivable from associates
268
772
–
469
Related parties
6
35
6
35
Staff advances and loans
675
481
–
–
Refundable deposits
9,103
871
–
–
Sub-total
13,064
6,209
4,276
3,203
Current, total
92,503 96,333
5,150
4,600
Non-current
Other receivables
Other receivables
650
315
–
–
Staff loans
12
28
–
–
Non-current, total
662
343
–
–
Current and non-current, total
93,165 96,676
5,150
4,600
Notes to the Financial Statements
31 December 2014
