ESR AR 2019 EN

Notes to the Consolidated Financial Statements 31 December 2019 237 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS ESR Annual Report 2019 50. STATEMENT OF FINANCIAL POSITION OF THE COMPANY As at 31 December As at 31 December 2019 2018 Notes USD’000 USD’000 NON-CURRENT ASSETS Property, plant and equipment 311 358 Financial assets at fair value through other comprehensive income 34,348 32,549 Investments in subsidiaries 698,150 629,822 Investment in a joint venture 248,563 220,180 Other intangible assets 296 432 Other non-current assets 2,734 – Total non-current assets 984,402 883,341 CURRENT ASSETS Prepayments, other receivables and other assets 2,017,965 1,452,762 Cash and bank balances 458,969 230,546 Total current assets 2,476,934 1,683,308 CURRENT LIABILITIES Bank and other borrowings 26 149,998 339,691 Redeemable convertible preference shares – 296,778 Trade payables, accruals and other payables 108,795 55,987 Income tax payable 994 993 Total current liabilities 259,787 693,449 NET CURRENT ASSETS 2,217,147 989,859 TOTAL ASSETS LESS CURRENT LIABILITIES 3,201,549 1,873,200 NON-CURRENT LIABILITIES Bank and other borrowings 26 817,875 – Trade payables, accruals and other payables 495,000 495,000 Total non-current liabilities 1,312,875 495,000 NET ASSETS 1,888,674 1,378,200 EQUITY Issued capital 3,037 2,689 Perpetual capital securities 97,379 97,379 Equity components of redeemable convertible instruments – 37,132 Other reserves 44 1,788,258 1,241,000 Total equity 1,888,674 1,378,200 Mr Jeffrey David Perlman Mr Jinchu Shen Director Director