NOTES TO FINANCIAL STATEMENTS
/
31 DECEMBER 2015
2015
ANNUAL
REPORT
92
ϭϰ WZKW Zdz͕ W> Ed E Yh/WD Ed ;ĐŽŶƚ͛ĚͿ
;ĂͿ
/Ŷ ϮϬϭϰ͕ ƚŚĞ ĂĚĚŝƟŽŶƐ ƚŽ ŵŝŶŝŶŐ ƉƌŽƉĞƌƚLJ ŽĨ h^Ψϱϲ͕ϴϲϭ͕ϭϲϰ ƉĞƌƚĂŝŶĞĚ ƚŽ ĂĐƋƵŝƐŝƟŽŶ ŽĨ Ă ŶĞǁ ŵŝŶŝŶŐ ĐŽŶĐĞƐƐŝŽŶ ƚŚƌŽƵŐŚ ƚŚĞ
ĂĐƋƵŝƐŝƟŽŶ ŽĨ ŽƌŶĞŽ /ŶƚĞƌŶĂƟŽŶĂů ZĞƐŽƵƌĐĞƐ WƚĞ͘ >ƚĚ͘ ;EŽƚĞ ϯϱͿ͘
;ďͿ
/ŶĐůƵĚĞĚ ŝŶ ƚŚŝƐ ďĂůĂŶĐĞ ŝƐ ƚŚĞ ĂĚĚŝƟŽŶ ƚŽ ŵŝŶŝŶŐ ƉƌŽƉĞƌƚLJ ŽĨ h^ΨϮϱ͕ϬϬϬ͕ϬϬϬ ƉĞƌƚĂŝŶŝŶŐ ƚŽ ĂĐƋƵŝƐŝƟŽŶ ŽĨ ĂĚĚŝƟŽŶĂů ŝŶƚĞƌĞƐƚƐ ŝŶ
ŽƌŶĞŽ /ŶƚĞƌŶĂƟŽŶĂů ZĞƐŽƵƌĐĞƐ WƚĞ͘ >ƚĚ͘ ĨƌŽŵ ŶŽŶͲĐŽŶƚƌŽůůŝŶŐ ƐŚĂƌĞŚŽůĚĞƌ ;EŽƚĞ ϯϱͿ͘
;ĐͿ
dŚĞ 'ƌŽƵƉ͛Ɛ ůĞĂƐĞŚŽůĚ ƉƌŽƉĞƌƚLJ ŝƐ ůŽĐĂƚĞĚ Ăƚ dŚĞ ^ƵŝƚĞƐ dŽǁĞƌ͕ ϭϳƚŚ &ůŽŽƌ :ů͘ ŽƵůĞǀĂƌĚ WĂŶƚĂŝ /ŶĚĂŚ <ĂƉƵŬ EŽ͘ ϭ <Ăǀ K&^͕ :ĂŬĂƌƚĂ͕
/ŶĚŽŶĞƐŝĂ͕ ĨŽƌ ƚŚĞ ƵƐĞ ĂƐ ŽĸĐĞ ƐƉĂĐĞ ĨŽƌ ƚŚĞ /ŶĚŽŶĞƐŝĂŶ ƐƵďƐŝĚŝĂƌŝĞƐ ĂŶĚ ƚŚĞ ƵŶĞdžƉŝƌĞĚ ůĞĂƐĞ ƚĞƌŵ ŽĨ ƚŚĞ ůĞĂƐĞŚŽůĚ ƉƌŽƉĞƌƚLJ ŝƐ ϭϳ
years.
DĂŶĂŐĞŵĞŶƚ ŚĂƐ ĐĂƌƌŝĞĚ ŽƵƚ Ă ƌĞǀŝĞǁ ŽĨ ƚŚĞ ƌĞĐŽǀĞƌĂďůĞ ĂŵŽƵŶƚ ŽĨ ƚŚĞ ƉƌŽƉĞƌƚLJ͕ ƉůĂŶƚ ĂŶĚ ĞƋƵŝƉŵĞŶƚ ďĂƐĞĚ ŽŶ
the higher of fair value less costs to sell and value in use. The assessment has led to an allowance of impairment of
ĐĞƌƚĂŝŶ ŚĞĂǀLJ ĞƋƵŝƉŵĞŶƚ ŽĨ h^ΨϵϯϬ͕ϯϱϰ ;ϮϬϭϰ ͗ h^ΨEŝůͿ ĚƵƌŝŶŐ ƚŚĞ LJĞĂƌ ďĂƐĞĚ ŽŶ ƚŚĞŝƌ ĨĂŝƌ ǀĂůƵĞ ůĞƐƐ ĐŽƐƚƐ ƚŽ ƐĞůů͘
dŚĞ ĨĂŝƌ ǀĂůƵĞ ůĞƐƐ ĐŽƐƚƐ ƚŽ ƐĞůů ŝƐ ďĂƐĞĚ ŽŶ ƌĞĐĞŶƚ ŵĂƌŬĞƚ ƉƌŝĐĞƐ ŽĨ ĂƐƐĞƚƐ ǁŝƚŚ ƐŝŵŝůĂƌ ĂŐĞ ĂŶĚ ŽďƐŽůĞƐĐĞŶĐĞ͘ dŚĞ
ŝŵƉĂŝƌŵĞŶƚ ůŽƐƐ ŚĂƐ ďĞĞŶ ƌĞĐŽŐŶŝƐĞĚ ŝŶ ƉƌŽĮƚ Žƌ ůŽƐƐ ĂŶĚ ŝŶĐůƵĚĞĚ ŝŶ ƚŚĞ ůŝŶĞ ŝƚĞŵ ŽƚŚĞƌ ĞdžƉĞŶƐĞƐ ;EŽƚĞ ϮϳͿ͘
Motor
vehicle
ƋƵŝƉŵĞŶƚ
and
furniture
Computer
and
ƐŽŌǁĂƌĞ
Total
h^Ψ
h^Ψ
h^Ψ
h^Ψ
Company
ŽƐƚ͗
At 1 January 2014
–
ϯϴϯ͕ϰϵϵ
Ϯϲ͕ϯϴϴ
409,887
džĐŚĂŶŐĞ ĚŝīĞƌĞŶĐĞƐ
–
;ϭϱ͕ϳϳϯͿ
(1,084)
;ϭϲ͕ϴϱϳͿ
ƚ ϯϭ ĞĐĞŵďĞƌ ϮϬϭϰ
–
ϯϲϳ͕ϳϮϲ
Ϯϱ͕ϯϬϰ
ϯϵϯ͕ϬϯϬ
ĚĚŝƟŽŶƐ
ϭϱϵ͕ϰϮϵ
602
2,406
ϭϲϮ͕ϰϯϳ
džĐŚĂŶŐĞ ĚŝīĞƌĞŶĐĞƐ
;ϯ͕ϵϭϵͿ
;Ϯϰ͕ϱϱϯͿ
;ϭ͕ϳϱϭͿ
;ϯϬ͕ϮϮϯͿ
ƚ ϯϭ ĞĐĞŵďĞƌ ϮϬϭϱ
ϭϱϱ͕ϱϭϬ
ϯϰϯ͕ϳϳϱ
Ϯϱ͕ϵϱϵ
ϱϮϱ͕Ϯϰϰ
ĐĐƵŵƵůĂƚĞĚ ĚĞƉƌĞĐŝĂƟŽŶ͗
At 1 January 2014
–
64,977
ϭϱ͕ϬϱϬ
80,027
ĞƉƌĞĐŝĂƟŽŶ
–
ϵϱ͕ϱϴϳ
ϲ͕ϱϰϳ
ϭϬϮ͕ϭϯϰ
džĐŚĂŶŐĞ ĚŝīĞƌĞŶĐĞƐ
–
;ϲ͕ϯϵϴͿ
(874)
(7,272)
ƚ ϯϭ ĞĐĞŵďĞƌ ϮϬϭϰ
–
ϭϱϰ͕ϭϲϲ
ϮϬ͕ϳϮϯ
174,889
ĞƉƌĞĐŝĂƟŽŶ
ϱ͕ϯϮϬ
119,749
ϯ͕Ϯϯϳ
ϭϮϴ͕ϯϬϲ
džĐŚĂŶŐĞ ĚŝīĞƌĞŶĐĞƐ
;ϭϯϲͿ
;ϭϯ͕ϯϰϴͿ
(1,466)
;ϭϰ͕ϵϱϬͿ
ƚ ϯϭ ĞĐĞŵďĞƌ ϮϬϭϱ
ϱ͕ϭϴϰ
ϮϲϬ͕ϱϲϳ
22,494
Ϯϴϴ͕Ϯϰϱ
ĂƌƌLJŝŶŐ ĂŵŽƵŶƚ͗
ƚ ϯϭ ĞĐĞŵďĞƌ ϮϬϭϱ
ϭϱϬ͕ϯϮϲ
ϴϯ͕ϮϬϴ
ϯ͕ϰϲϱ
Ϯϯϲ͕ϵϵϵ
ƚ ϯϭ ĞĐĞŵďĞƌ ϮϬϭϰ
–
Ϯϭϯ͕ϱϲϬ
ϰ͕ϱϴϭ
218,141
dŚĞ ĐĂƌƌLJŝŶŐ ĂŵŽƵŶƚ ŽĨ ƚŚĞ 'ƌŽƵƉ͛Ɛ ŚĞĂǀLJ ĞƋƵŝƉŵĞŶƚ ĂŶĚ ŵŽƚŽƌ ǀĞŚŝĐůĞƐ ŝŶĐůƵĚĞƐ ĂƐƐĞƚƐ ĂĐƋƵŝƌĞĚ ƵŶĚĞƌ ĮŶĂŶĐĞ
ůĞĂƐĞƐ ĂŵŽƵŶƟŶŐ ƚŽ h^Ψϭϲ͕ϳϱϴ͕ϮϳϬ ;ϮϬϭϰ ͗ h^ΨϮϭ͕ϴϲϯ͕ϲϯϬͿ ;EŽƚĞ ϭϵͿ͘
dŚĞ ĐĂƌƌLJŝŶŐ ĂŵŽƵŶƚ ŽĨ ƚŚĞ ŽŵƉĂŶLJ͛Ɛ ŵŽƚŽƌ ǀĞŚŝĐůĞƐ ŝŶĐůƵĚĞƐ ĂƐƐĞƚƐ ĂĐƋƵŝƌĞĚ ƵŶĚĞƌ ĮŶĂŶĐĞ ůĞĂƐĞƐ ĂŵŽƵŶƟŶŐ ƚŽ
h^ΨϭϱϬ͕ϯϮϲ ;ϮϬϭϰ ͗ h^ΨEŝůͿ ;EŽƚĞ ϭϵͿ͘
