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STAMFORD LAND CORPORATION LTD
THE GROUP THE COMPANY
Notes 2012
$’000
2011
$’000
2012
$’000
2011
$’000
EQUITY AND LIABILITIES
Equity
Share Capital 29 144,556 144,556 144,556 144,556
Retained Earnings 328,519 301,048 85,283 94,001
Other Reserves 52,055 45,908 292 337
Total Equity 525,130 491,512 230,131 238,894
Non-Current Liabilities
Long-Term Bank Borrowings 30 222,813 326,652 – –
Amounts Due to Subsidiaries 31 – – 121,573 106,884
Deferred Tax Liabilities 13 25,104 16,773 6,837 7,647
Total Non-Current Liabilities 247,917 343,425 128,410 114,531
Current Liabilities
Income Tax Payable 10,190 3,988 5,407 2,344
Current Portion of Long-Term
Bank Borrowings 30 130,675 184,303 – –
Amounts Due to Subsidiaries 31 – – 6,927 6,902
Trade and Other Payables 32 36,077 42,001 4,513 7,547
Total Current Liabilities 176,942 230,292 16,847 16,793
Total Liabilities 424,859 573,717 145,257 131,324
Total Equity and Liabilities 949,989 1,065,229 375,388 370,218
The accompanying notes form an integral part of these fnancial statements.
Statements of Financial Position
As at 31 March 2012