Annual report and accounts 2008

Consolidated balance sheets
As of December 31, 2008 and 2007

	Notes	2008	2007
		US$ '000	US$ '000
ASSETS
NON-CURRENT ASSETS
Intangible assets, net	15	990,350	467,502
Property, plant and equipment, net	16	2,787,224	2,066,122
Investments in associates	17	21,087	11,234
Deferred taxation	13	14,221	97,544
Other non-current assets		23,195	19,855
TOTAL NON-CURRENT ASSETS		3,836,077	2,662,257
CURRENT ASSETS
Inventories		58,162	82,893
Trade receivables, net	18	257,455	223,579
Amounts due from joint venture partners		40,228	65,348
Prepayments and accrued income		82,303	71,175
Current tax assets		21,597	8,982
Supplier advances for capital expenditure		142,369	76,514
Other current assets	19	87,859	48,481
Cash and cash equivalents	20	674,195	1,174,597
TOTAL CURRENT ASSETS		1,364,168	1,751,569
Assets held for sale	6	20,563	-
TOTAL ASSETS		5,220,808	4,413,826
EQUITY AND LIABILITIES
EQUITY
Share capital and premium	21	642,544	417,352
Other reserves	23	(47,174)	45,557
Retained profits		565,032	127,856
Profit for the year attributable to equity holders		517,516	697,142
		1,677,918	1,287,907
Minority interest		(25,841)	80,429
TOTAL EQUITY		1,652,077	1,368,336
LIABILITIES
Non-current Liabilities
Debt and other financing
10% Senior Notes	24	453,471	-
Other debt and financing	24	1,208,012	945,206
Provisions and other non-current liabilities	25	70,008	55,601
Deferred taxation	13	81,063	42,414
Total non-current liabilities		1,812,554	1,043,221
Current Liabilities
Debt and other financing
10% Senior Notes	24	-	479,826
4% Convertible Notes—Debt component	24	-	178,940
Other debt and financing	24	496,543	230,319
Payables and accruals for the purchase of property, plant and equipment		501,978	460,533
Other trade payables(i)		240,576	226,292
Amounts due to joint venture partners		49,921	60,914
Accrued interest and other expenses		159,539	128,426
Current tax liabilities		93,416	82,028
Provisions and other current liabilities(i)	25	207,106	154,991
Total current liabilities		1,749,079	2,002,269
Liabilities directly associated with assets held for sale	6	7,098	–
TOTAL LIABILITIES		3,568,731	3,045,490
TOTAL EQUITY AND LIABILITIES		5,220,808	4,413,826

• (i)Revenue sharing payable in Cambodia as at December 31, 2007 has been reclassified from “Other trade payable” to “Provision and other current liabilities” to improve the presentation of the consolidated balance sheet (see note 25)

The accompanying notes are an integral part of these consolidated financial statements.