45
Consolidated Statement of Financial Position
As at 31 December, 2012
(Expressed in Thousands of Trinidad and Tobago Dollars, except where otherwise stated)
Notes
2012
2011
Assets
$
$
Non-current assets
Property, plant and equipment
8
2,088,542
2,277,294
Goodwill
9
215,831
215,831
Pension plan asset
10 (a)
214,152
215,671
Receivables
12
7,800
10,913
Deferred tax assets
6 (d)
405,143
424,674
2,931,468
3,144,383
Current assets
Inventories
11
614,525
557,019
Receivables and prepayments
12
198,759
193,888
Cash at bank and on hand
13
43,061
57,755
856,345
808,662
Total assets
3,787,813
3,953,045
Equity and liabilities
Equity
Stated capital
17 (a)
466,206
466,206
Unallocated ESOP shares
19
(25,299)
(25,299)
Other reserves
17 (b)
(178,679)
(180,069)
Retained earnings
544,933
864,882
Equity attributable to the parent
807,161
1,125,720
Non-controlling interests
(22,462)
42,411
Total equity
784,699
1,168,131
Non-current liabilities
Long term portion of borrowings
16
1,945,569
2,923
Post-retirement obligations
10 (a)
25,480
21,609
Deferred tax liabilities
6 (d)
354,605
369,693
2,325,654
394,225
Current liabilities
Bank overdraft and short-term advances
14
31,902
447
Payables and accruals
15
545,001
714,802
Swap obligation
16 (b) (iv)
–
–
Current portion of borrowings
16
100,557
1,675,440
677,460
2,390,689
Total equity and liabilities
3,787,813
3,953,045
The accompanying notes form an integral part of these financial statements.
These financial statements were approved by the Board of Directors on 25 March, 2013 and signed on its behalf by:
___________________________ Director
______________________ Director
