NOTES TO FINANCIAL STATEMENTS
/
31 DECEMBER 2015
2015
ANNUAL
REPORT
110
34
COMMITMENT
ƚ ƚŚĞ ĞŶĚ ŽĨ ƚŚĞ LJĞĂƌ͕ ƚŚĞ ĐĂƉŝƚĂů ĞdžƉĞŶĚŝƚƵƌĞ ĐŽŶƚƌĂĐƚĞĚ ĨŽƌ ďƵƚ ŶŽƚ ƌĞĐŽŐŶŝƐĞĚ ŝŶ ƚŚĞ ĐŽŶƐŽůŝĚĂƚĞĚ ĮŶĂŶĐŝĂů
ƐƚĂƚĞŵĞŶƚƐ ŝƐ ĂƐ ĨŽůůŽǁƐ͗
Group
2015
2014
h^Ψ
h^Ψ
ŽŵŵŝƚŵĞŶƚ ĨŽƌ ƉƵƌĐŚĂƐĞ ŽĨ ƉƌŽƉĞƌƚLJ͕ ƉůĂŶƚ ĂŶĚ ĞƋƵŝƉŵĞŶƚ
–
ϭϱϱ͕ϬϬϴ
35
ACQUISITION OF ASSET
ƵƌŝŶŐ ƚŚĞ LJĞĂƌ ĞŶĚĞĚ ϯϭ ĞĐĞŵďĞƌ ϮϬϭϰ͕ ƚŚĞ ŽŵƉĂŶLJ ĂĐƋƵŝƌĞĚ ϲϲй ĞƋƵŝƚLJ ŝŶƚĞƌĞƐƚ ŝŶ ŽƌŶĞŽ /ŶƚĞƌŶĂƟŽŶĂů
ZĞƐŽƵƌĐĞƐ WƚĞ͘ >ƚĚ͕͘ ǁŚŝĐŚ ŽǁŶƐ Ă ŵŝŶŝŶŐ ĐŽŶĐĞƐƐŝŽŶ ƚŚƌŽƵŐŚ ŝƚƐ ƐƵďƐŝĚŝĂƌLJ͕ ĨŽƌ Ă ĐŽŶƐŝĚĞƌĂƟŽŶ ŽĨ h^Ψϱϲ͕ϴϲϭ͕ϭϲϰ
;EŽƚĞ ϭϰͿ ŝŶĐůƵĚŝŶŐ ƚƌĂŶƐĂĐƟŽŶ ĐŽƐƚƐ ŽĨ h^Ψϭ͕ϴϲϭ͕ϭϲϰ͘ dŚĞ ƚƌĂŶƐĂĐƟŽŶ ǁĂƐ ĚĞƚĞƌŵŝŶĞĚ ďLJ ŵĂŶĂŐĞŵĞŶƚ ƚŽ ďĞ ĂŶ
ĂĐƋƵŝƐŝƟŽŶ ŽĨ ĂƐƐĞƚ ƌĂƚŚĞƌ ƚŚĂŶ ďƵƐŝŶĞƐƐ ĐŽŵďŝŶĂƟŽŶ ĂƐ ĚĞĮŶĞĚ ŝŶ &Z^ ϭϬϯ
ƵƐŝŶĞƐƐ ŽŵďŝŶĂƟŽŶƐ
. The outstanding
ďĂůĂŶĐĞ ƉĂLJĂďůĞ ŽĨ h^Ψϳ͕ϯϬϬ͕ϬϬϬ͕ ǁŚŝĐŚ ǁĂƐ ŝŶĐůƵĚĞĚ ŝŶ ƚƌĂĚĞ ĂŶĚ ŽƚŚĞƌ ƉĂLJĂďůĞƐ ;EŽƚĞ ϭϴͿ ĂƐ Ăƚ ϯϭ ĞĐĞŵďĞƌ
2014, has been fully repaid during the year.
ƵƌŝŶŐ ƚŚĞ LJĞĂƌ ĞŶĚĞĚ ϯϭ ĞĐĞŵďĞƌ ϮϬϭϱ͕ ƚŚĞ ŽŵƉĂŶLJ ĨƵƌƚŚĞƌ ĂĐƋƵŝƌĞĚ ƚŚĞ ƌĞŵĂŝŶŝŶŐ ϯϰй ĞƋƵŝƚLJ ŝŶƚĞƌĞƐƚ ŝŶ
ŽƌŶĞŽ /ŶƚĞƌŶĂƟŽŶĂů ZĞƐŽƵƌĐĞƐ WƚĞ͘ >ƚĚ͘ ĨƌŽŵ ƚŚĞ ŶŽŶͲĐŽŶƚƌŽůůŝŶŐ ƐŚĂƌĞŚŽůĚĞƌ͕ ĨŽƌ Ă ĐŽŶƐŝĚĞƌĂƟŽŶ ŽĨ h^ΨϮϱ͕ϬϬϬ͕ϬϬϬ
;EŽƚĞ ϭϰͿ͘ dŚĞ ƚƌĂŶƐĂĐƟŽŶ ǁĂƐ ĚĞƚĞƌŵŝŶĞĚ ďLJ ŵĂŶĂŐĞŵĞŶƚ ƚŽ ďĞ ĂŶ ĂĐƋƵŝƐŝƟŽŶ ŽĨ ĂƐƐĞƚ ƌĂƚŚĞƌ ƚŚĂŶ ďƵƐŝŶĞƐƐ
ĐŽŵďŝŶĂƟŽŶ ĂƐ ĚĞĮŶĞĚ ŝŶ &Z^ ϭϬϯ
ƵƐŝŶĞƐƐ ŽŵďŝŶĂƟŽŶƐ
͘ Ɛ Ăƚ ϯϭ ĞĐĞŵďĞƌ ϮϬϭϱ͕ ƚŚĞ ďĂůĂŶĐĞ ŽĨ h^Ψϳ͕ϵϴϮ͕ϯϴϴ
remained outstanding and included in trade and other payables (Note 18).
36
EVENTS AFTER REPORTING PERIOD
Ϳ
KŶ Ϯϵ &ĞďƌƵĂƌLJ ϮϬϭϲ͕ ƚŚĞ ŽŵƉĂŶLJ ĞŶƚĞƌĞĚ ŝŶƚŽ ĐŽŶĚŝƟŽŶĂů ƐĂůĞ ĂŶĚ ƉƵƌĐŚĂƐĞ ĂŐƌĞĞŵĞŶƚ ;ƚŚĞ ͞WƌŽƉŽƐĞĚ
ĐƋƵŝƐŝƟŽŶ͟Ϳ ƚŽ ĂĐƋƵŝƌĞ ƐŚĂƌĞƐ ŽĨ Wd WĂƌŝƐŵĂ :ĂLJĂ ďĂĚŝ ;͞W: ͟Ϳ͕ ǁŚŝĐŚ ŚŽůĚƐ Ă ĐŽĂů ŵŝŶŝŶŐ ĐŽŶĐĞƐƐŝŽŶ͕ ĨƌŽŵ
^ƵŶƌŝƐĞ tĞĂůƚŚ ^ƵĐĐĞƐƐ >ŝŵŝƚĞĚ ;͞^t^͟Ϳ͘ hƉŽŶ ĐŽŵƉůĞƟŽŶ ŽĨ ƚŚĞ WƌŽƉŽƐĞĚ ĐƋƵŝƐŝƟŽŶ͕ ƚŚĞ ŽŵƉĂŶLJ ǁŝůů
ŚŽůĚ ĂŶ ĞīĞĐƟǀĞ ŝŶƚĞƌĞƐƚ ŽĨ ϳϵ͘ϵϳй ŝŶ W: ͘
dŚĞ ƚŽƚĂů ĐŽŶƐŝĚĞƌĂƟŽŶ ƉĂLJĂďůĞ ĨŽƌ ƚŚĞ WƌŽƉŽƐĞĚ ĐƋƵŝƐŝƟŽŶ ŝƐ h^Ψϭϴ͕ϬϬϬ͕ϬϬϬ͘ hŶĚĞƌ ƚŚĞ ƚĞƌŵƐ ŽĨ ƚŚĞ
WƌŽƉŽƐĞĚ ĐƋƵŝƐŝƟŽŶ͕ ƚŚĞ ŽŵƉĂŶLJ ƐŚĂůů ŚĂǀĞ ƚŚĞ ƌŝŐŚƚ ƚŽ͗
;ŝͿ
ƐĞƚͲŽī ĂŶLJ ŽƵƚƐƚĂŶĚŝŶŐ ĂŵŽƵŶƚƐ ĂŐĂŝŶƐƚ ĂŶLJ ĂŵŽƵŶƚ ĚƵĞ ĨƌŽŵ ^t^ ƚŽ ƚŚĞ ŽŵƉĂŶLJ͖
;ŝŝͿ
ĂƐƐŝŐŶ ĂŶLJ ĚĞďƚ͖ Žƌ
;ŝŝŝͿ
ŵĂŬĞ ƉĂLJŵĞŶƚ ŝŶ ƐƵĐŚ ŽƚŚĞƌ ĨŽƌŵ ĂƐ ďŽƚŚ ƉĂƌƟĞƐ ŵĂLJ ĂŐƌĞĞ͘
