Hock Lian Seng Holdings Limited - Annual Report 2015 - page 75

Notes to the Financial Statements
31 December 2015
19. Prepayments and deposits
20. Cash and short term deposits
Short term deposits are made for varying periods of between 1 week to 6 months depending on the immediate
cash requirements of the Group and the Company, and earn interest at the respective short-term deposit rates.
7KH DYHUDJH H΍HFWLYH LQWHUHVW UDWHV DV DW 'HFHPEHU IRU WKH *URXS DQG WKH &RPSDQ\ ZHUH
0.41%) per annum and 0.95% (2014: 0.57%) per annum respectively.
)RU WKH SXUSRVH RI WKH FRQVROLGDWHG FDVK ȵRZ VWDWHPHQW FDVK DQG FDVK HTXLYDOHQWV FRPSULVH WKH IROORZLQJ DW
the end of the reporting period:
Group
2015 2014
S$’000 S$’000
Prepayments 12 9,132
Deposits 420 448
432 9,580
Group
2015 2014
S$’000 S$’000
Cash at banks and on hand 28,206 75,700
Short term deposits 128,701 89,838
Cash and cash equivalents 156,907 165,538
Group Company
2015 2014 2015 2014
S$’000 S$’000 S$’000 S$’000
Cash at banks and on hand 28,206 75,700 309 155
Short term deposits 128,701 89,838 57,041 25,336
Cash and short term deposits 156,907 165,538 57,350 25,491
ANNUAL REPORT 2015 73