For the financial year ended 31 December 2015
86
HAW PAR CORPORATION LIMITED
14. AVAILABLE-FOR-SALE FINANCIAL ASSETS
(CONTINUED)
Available-for-sale financial assets are analysed as follows:
The Group
The Company
2015
2014
2015
2014
$’000
$’000
$’000
$’000
Quoted investments
2,080,179
2,311,062
–
–
Unquoted investments
376
430
281
330
2,080,555
2,311,492
281
330
The quoted investments are mainly listed in Singapore (Note 27(a)).
Note: The reclassified amount is based on the fair value of the retained interest in the associated company in
accordance with FRS and does not represent any additional cash outlay. As disclosed in Note 13, the Group
has recovered fully its cash capital cost invested in HHHI.
During the financial year, the Group elected to receive $22,398,000 (2014: $47,686,000) of dividend income as non-
cash available-for-sale financial assets in lieu of cash dividends.
Certain available-for-sale financial assets valued at $175,441,000 (2014: $205,499,000) are pledged as security for
bank credit facilities (Note 20).
15. INTANGIBLE ASSETS
The Group
The Company
2015
2014
2015
2014
$’000
$’000
$’000
$’000
Goodwill on consolidation
11,116
11,116
–
–
Trademarks and deferred expenditure
–
–
–
–
11,116
11,116
–
–
(a) Goodwill on consolidation
The Group
2015
2014
$’000
$’000
Cost
Balance at beginning and end of financial year
11,116
11,116
Impairment test for goodwill
The goodwill is allocated to the healthcare division of the Group, which is regarded as a cash-generating
unit (“CGU”).
During the financial year, the Group has determined that there is no impairment of its CGU containing the
goodwill. The recoverable amount (i.e. higher of value-in-use and fair value less costs to sell) of the CGU is
determined on the basis of value-in-use calculations. These calculations incorporate cash flow projections by
management covering a five-year period.
NOT E S TO T H E F I NAN C I A L S TAT EME N T S
(CONTINUED)
