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44 WILLAS-ARRAY ELECTRONICS (HOLDINGS) LIMITED
STATEMENTS OF FINANCIAL POSITION
MARCH 31, 2013
NOTES GROUP COMPANY
2013 2012 2013 2012
HK$’000 HK$’000 HK$’000 HK$’000
LIABILITIES AND EQUITY
Current liabilities
Trust receipt loans 21 421,473 306,001 - -
Trade and bills payables 22 284,584 307,093 - -
Other payables 23 38,226 48,398 9,944 8,690
Income tax payable 4,548 1,794 189 -
Derivative financial instruments 11 - 292 - -
Trade payables due to associates 6 10,816 - - -
Amount due to a jointly controlled entity 6 - 8,752 - -
Bank borrowings 24 168,300 128,870 - -
Total current liabilities 927,947 801,200 10,133 8,690
Non-current liabilities
Bank borrowings 24 - 65,500 - -
Derivative financial instruments 11 2,389 3,805 - -
Deferred tax liabilities 25 2,611 2,428 - -
Total non-current liabilities 5,000 71,733 - -
Capital, reserves and non-controlling interests
Issued capital 26 74,544 74,544 74,544 74,544
Capital reserves 27 196,500 196,722 196,500 196,722
Other reserves 277,177 260,996 53,736 65,974
Equity attributable to owners of the Company 548,221 532,262 324,780 337,240
Non-controlling interests 1,251 5,787 - -
Total equity 549,472 538,049 324,780 337,240
Total liabilities and equity 1,482,419 1,410,982 334,913 345,930
See accompanying notes to financial statements.