Group Balance Sheet
as at 31 December
| |
Note |
2008
US$’000 |
2007
US$’000 |
| ASSETS |
|
|
|
| Non-current assets |
|
|
|
| Property, plant and equipment |
7
|
776,552 |
639,213 |
| Intangible assets |
8
|
947 |
833 |
| |
|
777,499 |
640,046 |
| Current assets |
|
|
|
| Inventories |
12
|
56,585 |
34,655 |
| Trade and other receivables |
13
|
58,980 |
94,880 |
| Term deposits |
14
|
426,667 |
173,338 |
| Cash and cash equivalents |
14
|
449,051 |
375,255 |
| |
|
991,283 |
678,128 |
| Total assets |
|
1,768,782 |
1,318,174 |
| EQUITY |
|
|
|
| Capital and reserves attributable to the Company’s equity shareholders |
|
|
|
| Share capital |
15
|
80,685 |
80,075 |
| Share premium |
16
|
228,764 |
217,706 |
| Capital redemption reserve |
17a
|
77,150 |
77,150 |
| Other reserve |
17b
|
1,689 |
3,827 |
| Retained earnings |
|
1,054,060 |
681,669 |
| Total equity |
|
1,442,348 |
1,060,427 |
| LIABILITIES |
|
|
|
| Non-current liabilities |
|
|
|
| Deferred income tax liabilities |
23
|
80,305 |
51,055 |
| Trade and other payables |
18
|
3,372 |
5,302 |
| |
|
83,677 |
56,357 |
| Current liabilities |
|
|
|
| Trade and other payables |
18
|
141,880 |
105,483 |
| Derivative financial instruments |
11
|
— |
10,614 |
| Current income tax liability |
23
|
100,877 |
85,293 |
| |
|
242,757 |
201,390 |
| Total liabilities |
|
326,434 |
257,747 |
| Total equity and liabilities |
|
1,768,782 |
1,318,174 |
Approved by the Board on 27 March 2009
MOHAMMED AL GHURAIR
Chairman