93
12.Investments
The quoted investments are stated at fair value based on the quoted closing market prices on the last market day
of the financial year. For unquoted equity investments, management considers the share of net asset value of these
investment companies to approximate their fair value.
Other investments are stated at cost less accumulated impairment loss.
Investments in quoted bonds have effective interest rates at approximately 5.22% (December 31, 2013: 5.22%) per
annum and have maturity dates ranging from May 2015 to October 2022 (December 31, 2013: May 2015 to October
2022). The investments are classified as current as management could liquidate these investments if required.
December 31,
2014
December 31,
2013
December 31,
2014
December 31,
2013
$’000
$’000
$’000
$’000
Current portion:
Quoted unit trust available-for-sale
272,429
238,614
272,429
238,614
Quoted equity available-for-sale
141,538
103,468
141,538
103,468
Unquoted debt instruments
28,000
28,000
28,000
28,000
Quoted bonds available-for-sale
196,408
210,412
196,408
210,412
Total current portion
638,375
580,494
638,375
580,494
Non-current portion:
Quoted unit trust available-for-sale
331,584
328,486
233,405
236,804
Unquoted equity available-for-sale
27,451
26,520
12,250
12,250
Other investments
750
750
750
750
Total non-current portion
359,785
355,756
246,405
249,804
Total investments
998,160
936,250
884,780
830,298
Notes to Financial Statements
December 31, 2014
GROUP
CO-OPERATIVE
