Group Note 2024 2023 $’000 $’000 ASSETS Non-current assets Property, plant and equipment C1 2,114,590 2,076,209 Right-of-use assets C2 605,254 651,109 Associates and joint ventures F4 621,455 567,404 Investments E3 63,006 63,075 Intangible assets C3 4,989,775 4,958,158 Long-term trade receivables C6 36,510 11,314 Deferred tax assets B6 264,484 214,178 Amounts due from related parties C4 49,015 36,219 Advances and other receivables C7 144,126 134,542 Derivative financial instruments C16 9,433 36,895 8,897,648 8,749,103 Current assets Inventories C5 2,061,236 1,897,274 Contract assets C13 2,567,423 2,240,100 Trade receivables C6 1,461,259 1,581,261 Amounts due from related parties C4 77,860 59,964 Advances and other receivables C7 714,672 469,073 Derivative financial instruments C16 10,559 28,789 Bank balances and other liquid funds C8 430,642 353,337 7,323,651 6,629,798 Total assets 16,221,299 15,378,901 EQUITY AND LIABILITIES Current liabilities Contract liabilities C13 1,193,627 978,051 Deposits from customers 21,348 31,229 Trade payables and accruals C9 3,485,697 3,155,075 Amounts due to related parties C10 51,619 50,168 Provisions C11 339,066 337,663 Provision for taxation 148,777 165,959 Borrowings E4 2,945,104 2,563,661 Deferred income C12 9,363 11,755 Post-employment benefits D3 3,112 10,075 Derivative financial instruments C16 40,884 18,722 8,238,597 7,322,358 Net current liabilities (914,946) (692,560) CONSOLIDATED STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2024 (CURRENCY – SINGAPORE DOLLARS UNLESS OTHERWISE STATED) The accompanying notes are an integral part of the financial statements. 130 ST ENGINEERING | ANNUAL REPORT 2024
RkJQdWJsaXNoZXIy ODIwNTc=