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34 GoodLand Group Limited
Balance Sheets
As at 30 September 2012
Group Company
Note 30.09.2012
S$
(Restated)
30.09.2011
S$
(Restated)
01.10.2010
S$
2012
S$
2011
S$
ASSETS
Non-current assets
Property, plant and equipment 11 8,530,712 1,605,485 1,625,805 - -
Investment properties 12 32,620,606 15,505,884 13,355,254 - -
Development properties for sale 13 42,794,775 44,791,352 8,646,668 - -
Investments in subsidiaries 14 - - - 7,516,083 5,541,076
Investments in associated companies 15 3,087,970 2,876,766 2,987,658 - -
Deferred tax assets 24 340,992 853,821 141,000 - -
87,375,055 65,633,308 26,756,385 7,516,083 5,541,076
Current assets
Cash and bank balances 16 18,100,248 12,949,838 3,648,214 1,410,310 177,050
Financial assets, at fair value through
proft or loss 17 164,221 114,095 156,853 - -
Trade and other receivables 18 20,165,663 16,177,911 5,757,647 2,259,586 4,791,487
Other current assets 19 201,726 97,493 292,078 23,522 12,198
Development properties for sale 13 19,903,766 3,646,346 13,253,999 - -
58,535,624 32,985,683 23,108,791 3,693,418 4,980,735
Total assets 145,910,679 98,618,991 49,865,176 11,209,501 10,521,811
LIABILITIES
Non-current liabilities
Finance lease liabilities 21 24,837 62,906 61,455 - -
Trade and other payables 22 - 3,378,960 - - -
Borrowings 23 44,122,898 37,283,054 9,493,806 - -
Deferred tax liabilities 24 555,900 1,108,112 - - -
44,703,635 41,833,032 9,555,261 - -
Current liabilities
Finance lease liabilities 21 24,203 34,534 26,524 - -
Trade and other payables 22 8,264,187 5,314,265 8,070,432 643,158 1,663,045
Borrowings 23 37,222,362 20,363,150 16,106,009 - -
Income tax payable 2,677,012 829,036 415,017 - -
48,187,764 26,540,985 24,617,982 643,158 1,663,045
Total liabilities 92,891,399 68,374,017 34,173,243 643,158 1,663,045
EQUITY
Share capital and reserves
attributable to equity holders of the
Company
Share capital 25 8,726,471 8,665,611 4,311,914 8,726,471 8,665,611
Reserves 26 44,197,565 21,481,818 11,279,474 1,839,872 193,155
52,924,036 30,147,429 15,591,388 10,566,343 8,858,766
Non-controlling interests 95,244 97,545 100,545 - -
Total equity 53,019,280 30,244,974 15,691,933 10,566,343 8,858,766
Total liabilities and equity 145,910,679 98,618,991 49,865,176 11,209,501 10,521,811
The accompanying notes form an integral part of the fnancial statements