/ . 8 7
A N N U A L R E P O R T 2 0 1 5
T H E S T R E N G T H O F O U R B R A N D S
1 6 . ot he r a s s e t s ( Con t ’ d )
16a. Land Premium
group
2015
$’000
2014
$’000
Balance at beginning of the year
1,719
–
Additions
–
1,719
Balance at end of the year
1,719
1,719
accumulated amortisation:
Balance at beginning of the year
22
–
Amortisation for the year included under administrative expenses
528
22
Balance at end of the year
550
22
group
2015
$’000
2014
$’000
balance to be amortised:
Not later than one year
529
536
Later than one year and not later than five years
640
1,161
1,169
1,697
The amount pertains to upfront land premium paid pursuant to the sale and leaseback of the property (Note 21A). The land
premium is amortised on the straight line method over the period up to 31 May 2017, the original expiry of the land lease.
1 7.
Ca s h and Ca s h Equ i v a l en t s
group
Company
2015
$’000
2014
$’000
2015
$’000
2014
$’000
Not restricted in use
9,221
33,794
191
–
Cash restricted in use over 3 months
360
360
–
–
9,581
34,154
191
–
The interest earning balances are not significant.
17a. Cash and Cash Equivalents in the Statement of Cash Flows:
group
2015
$’000
2014
$’000
Amount as shown above
9,581
34,154
Cash restricted in use over 3 months
(360)
(360)
Cash and cash equivalents for statement of cash flows purposes at end of the year
9,221
33,794
17b. non-cash transactions:
There were acquisitions of plant and equipment and inventories with a total cost of $654,000 (2014: $665,000) and
$565,000 (2014: $3,489,000) respectively acquired by means of finance leases.
