NOTES TO FINANCIAL STATEMENTS
/
31 DECEMBER 2015
GEO
ENERGY
RESOURCES
87
9
DEPOSITS AND PREPAYMENTS (cont’d)
;ĂͿ
ƵƌŝŶŐ ƚŚĞ LJĞĂƌ͕ ƚŚĞ 'ƌŽƵƉ ĂƐƐŝŐŶĞĚ ŝƚƐ ƌŝŐŚƚƐ ƚŽ ĐĞƌƚĂŝŶ ĂĚǀĂŶĐĞ ƉĂLJŵĞŶƚƐ ĨŽƌ ƉƵƌĐŚĂƐĞ ŽĨ ĐŽĂů ĂŵŽƵŶƟŶŐ ƚŽ h^Ψϴ͕Ϭϴϵ͕Ϭϰϭ
;ϮϬϭϰ ͗ h^ΨEŝůͿ ƚŽ ƐĂƟƐĨLJ ƚŚĞ ƉƵƌĐŚĂƐĞ ĐŽŶƐŝĚĞƌĂƟŽŶ ĨŽƌ ƚŚĞ ĂĐƋƵŝƐŝƟŽŶ ŽĨ ƉƌŽƉĞƌƚLJ͕ ƉůĂŶƚ ĂŶĚ ĞƋƵŝƉŵĞŶƚ͘
;ďͿ
/ŶĐůƵĚĞĚ ŝŶ ƚŚŝƐ ďĂůĂŶĐĞ ŝƐ ĚĞƉŽƐŝƚƐ ŽĨ h^Ψϱϳϰ͕ϴϵϯ ;ϮϬϭϰ ͗ h^ΨϲϮϳ͕ϰϭϰͿ ĨŽƌ ƚŚĞ 'ƌŽƵƉ͕ ŵĂĚĞ ƚŽ ƚŚĞ ƌĞůĞǀĂŶƚ ŐŽǀĞƌŶŵĞŶƚ ĂƵƚŚŽƌŝƟĞƐ
ƚŽ ĞŶƐƵƌĞ ĨƵůĮůŵĞŶƚ ŽĨ ĐŽŵƉůŝĂŶĐĞ ŝŶ ƌĞƐƉĞĐƚ ŽĨ ƌĞĐůĂŵĂƟŽŶ ĂŶĚ ƌĞŚĂďŝůŝƚĂƟŽŶ ŽďůŝŐĂƟŽŶƐ ;EŽƚĞ Ϯϭ Ϳ͘
(c)
This represents payment made by the Group in the current year to a third party for prepayment of land use right.
;ĚͿ
^ƵďƐĞƋƵĞŶƚ ƚŽ LJĞĂƌ ĞŶĚ͕ ƚŚĞ 'ƌŽƵƉ ŚĂƐ ƐŝŐŶĞĚ ĐŽŶĚŝƟŽŶĂů ƐĂůĞ ĂŶĚ ƉƵƌĐŚĂƐĞ ĂŐƌĞĞŵĞŶƚƐ ǁŝƚŚ ĐĞƌƚĂŝŶ ĚĞďƚŽƌƐ ǁŚĞƌĞ ƚŚĞ 'ƌŽƵƉ
ŵĂLJ͕ ƵƉŽŶ ĨƵůĮůŵĞŶƚ ŽĨ ĐĞƌƚĂŝŶ ĐŽŶĚŝƟŽŶƐ ďLJ ƚŚĞ ĚĞďƚŽƌƐ͕ ĂĐƋƵŝƌĞ ĐŽĂů ŵŝŶŝŶŐ ĐŽŶĐĞƐƐŝŽŶƐ ĨƌŽŵ ƚŚĞ ĚĞďƚŽƌƐ͛ ƌĞůĂƚĞĚ ĐŽƌƉŽƌĂƟŽŶƐ ŝŶ
ĞdžĐŚĂŶŐĞ ĨŽƌ ƚŚĞ ƐĞƩůĞŵĞŶƚ ŽĨ ĚĞďƚƐ͕ ĂŵŽƵŶƟŶŐ ƚŽ h^Ψϭϰ͕Ϭϭϰ͕ϲϯϵ ;EŽƚĞƐ ϯϲ ĂŶĚ ϯϲ Ϳ͘പ
10
INVENTORIES
Group
2015
2014
h^Ψ
h^Ψ
Coal, at cost
ϰ͕ϱϵϬ͕ϯϲϮ
ϯ͕ϱϵϭ͕ϰϵϵ
Consumables, at cost
826,686
1,177,476
Total
ϱ͕ϰϭϳ͕Ϭϰϴ
ϰ͕ϳϲϴ͕ϵϳϱ
11
INVESTMENT IN SUBSIDIARIES
Company
2015
2014
h^Ψ
h^Ψ
hŶƋƵŽƚĞĚ ĞƋƵŝƚLJ ƐŚĂƌĞƐ͕ Ăƚ ĐŽƐƚ
ϴϮ͕ϴϯϯ͕ϱϱϭ ϱϳ͕ϴϯϯ͕ϱϱϭ
>ĞƐƐ͗ ůůŽǁĂŶĐĞ ĨŽƌ ŝŵƉĂŝƌŵĞŶƚ
;ϯϵϰ͕ϴϭϴͿ
;ϯϵϰ͕ϴϭϴͿ
ϴϮ͕ϰϯϴ͕ϳϯϯ ϱϳ͕ϰϯϴ͕ϳϯϯ
Deemed investment
(a)
ϭϱ͕ϭϭϱ͕ϯϴϰ ϭϱ͕ϭϭϱ͕ϯϴϰ
ϵϳ͕ϱϱϰ͕ϭϭϳ ϳϮ͕ϱϱϰ͕ϭϭϳ
;ĂͿ
dŚĞ ĂŵŽƵŶƚ ŝƐ ƐƚĂƚĞĚ Ăƚ ĐŽƐƚ ĂƐ ŝƚ ŝƐ ĚĞĞŵĞĚ ƚŽ ďĞ ƉĂƌƚ ŽĨ ƚŚĞ ŽŵƉĂŶLJ͛Ɛ ĞƋƵŝƚLJ ŝŶǀĞƐƚŵĞŶƚ ŝŶ ƚŚĞ ƐƵďƐŝĚŝĂƌLJ͘
