Balance Sheets
As at 31 December 2015
Group
Company
Note 2015
2014
2015
2014
S$’000
S$’000
S$’000
S$’000
Non-current assets
Property, plant and equipment
9
8,902
7,893
–
–
Investment properties
10
3,350
4,350
–
–
Investments in joint ventures
13
5,265
30
–
–
Investments in subsidiaries
11
–
–
37,814
37,814
Investment securities
14
24,482
25,061
–
–
Deferred tax assets
26
6,897
6,978
–
–
48,896
44,312
37,814
37,814
Current assets
Contract work-in-progress
15
12,103
6,696
–
–
Development properties
16
46,710
73,520
–
–
Trade receivables
17
6,435
42,415
–
–
Other receivables
18
764
909
11,439
41,108
Amounts due from a joint venture partner
22
43
87
–
–
Amounts due from a joint venture
23
60,457
53,230
–
–
Prepayments and deposits
19
432
9,580
–
–
Investment securities
14
8,747
2,710
–
–
Cash and short term deposits
20 156,907 165,538
57,350
25,491
292,598 354,685
68,789
66,599
Current liabilities
Trade and other payables
21
50,827
61,318
1,491
4,319
Amounts due to a joint venture partner
22
32
109
–
–
Amounts due to a joint venture
23
6
ȫ
ȫ
ȫ
Advance payment received for a construction project
ȫ
8,318
–
–
Progress billings in excess of work-in-progress
15
1,828
3,108
–
–
Progress billings to customers for development
projects
ȫ
46,986
–
–
Provisions
24
45,388
45,376
–
–
Loans and borrowings
25
51
4,992
–
–
Provision for taxation
6,235
22,196
33
12
104,367 192,403
1,524
4,331
Net current assets
188,231 162,282
67,265
62,268
(Amounts in Singapore dollars)
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HOCK LIAN SENG HOLDINGS LIMITED
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