Page 93 - ar2013.pdf

ANNUAL REPORT 2013 92 SUNNINGDALE TECH LTD
31 December 2013
Continued
NOTES TO FINANCIAL STATEMENTS
24. OTHER LIABILITIES
Group Company
2013 2012 2013 2012
$’000 $’000 $’000 $’000
Trade accrual 5,803 7,608 319 109
Accrued other operating expenses 9,915 8,057 1,607 2,297
Accrued directors’ fees payable 545 430 545 430
Accrued staff and related costs 11,028 11,590 1,539 1,375
Accrual for VAT 4,708 1,296 – –
Accrued interest payable 91 67 43 5
Contingent consideration (Note 6) – 1,363 – –
32,090 30,411 4,053 4,216
25. LOANS AND BORROWINGS
Group Company
Interest rates
(Per annum) Maturities
2013
$’000
2012
$’000
2013
$’000
2012
$’000
Current
Unsecured short-term loans(a) 1.88% – 2.35%
(2012: 2.00% – 2.75%)
2014 48,901 42,801 18,145 10,964
Secured short-term loans(b) 0.00%
(2012: 0.00%)
2014 1,660 1,550 – –
Unsecured bank loans(a) 2.72% – 5.34%
(2012: 2.25% – 5.34%)
2014 1,997 4,021 – 748
Secured bank loans(c) 2.15% – 5.50% 2014 1,304 2,324 – –
(2012: 2.15% – 6.48%)
Unsecured bankers acceptance(a) 0.13% - 4.68%
(2012: 4.64% – 4.66%)
2014 121 311 83 74
53,983 51,007 18,228 11,786
Non-current
Unsecured bank loans(a) 2.72% – 5.34%
(2012: 2.25% – 5.34%)
2015 – 2020 4,727 6,136 – –
Secured term loans(b) 0.00% 2015 1,038 – – –
Secured bank loans(c) 2.15% – 5.50% 2015 5 1,429 – –
(2012: 2.15% – 6.48%)
5,770 7,565 – –
Total loans and borrowings 59,753 58,572 18,228 11,786