|
Cash and cash equivalents
|
|
|
|
|
|
|
|
|
|
|
|
| Unrestricted Short-term bank deposits (note 5) |
|
|
|
|
|
|
|
|
|
|
|
| Restricted short-term bank deposits (note 5) |
|
|
|
|
|
|
|
|
|
|
|
| Accounts receivable, net of allowance for doubtful accounts of $4,614 and $2,580 at December 31, 2011 and 2012, respectively (note 10) |
|
|
|
|
|
|
|
|
|
|
|
| Amounts due from related parties (note 18) |
|
|
|
|
|
|
|
|
|
|
|
| Distributed products |
|
|
|
|
|
|
|
|
|
|
|
| Finished products |
|
|
|
|
|
|
|
|
|
|
|
| Consignment inventory |
|
|
|
|
|
|
|
|
|
|
|
| Work-in-progress |
|
|
|
|
|
|
|
|
|
|
|
| Raw materials and supplies |
|
|
|
|
|
|
|
|
|
|
|
|
Inventories, total
|
|
|
|
|
|
|
|
|
|
|
|
| Held-to-maturity securities (note 7) |
|
|
|
|
|
|
|
|
|
|
|
| Total current |
|
|
|
|
|
|
|
|
|
|
|
| Prepaid expenses and other current assets |
|
|
|
|
|
|
|
|
|
|
|
|
Other current assets
|
|
|
|
|
|
|
|
|
|
|
|
|
Total current assets
|
|
|
|
|
|
|
|
|
|
|
|
| Land |
|
|
|
|
|
|
|
|
|
|
|
| Land use rights |
|
|
|
|
|
|
|
|
|
|
|
| Buildings |
|
|
|
|
|
|
|
|
|
|
|
| Machinery and equipment |
|
|
|
|
|
|
|
|
|
|
|
| Motor vehicles |
|
|
|
|
|
|
|
|
|
|
|
| Office equipment |
|
|
|
|
|
|
|
|
|
|
|
| Construction in progress |
|
|
|
|
|
|
|
|
|
|
|
|
Property, plant and equipment, gross
|
|
|
|
|
|
|
|
|
|
|
|
|
Accumulated depreciation and impairment losses
|
|
|
|
|
|
|
|
|
|
|
|
|
Property, plant and equipment, net
|
|
|
|
|
|
|
|
|
|
|
|
| Investments (note 7) |
|
|
|
|
|
|
|
|
|
|
|
| Investment in equity investees (note 22) |
|
|
|
|
|
|
|
|
|
|
|
|
Goodwill (note 6)
|
|
|
|
|
|
|
|
|
|
|
|
|
Other assets
|
|
|
|
|
|
|
|
|
|
|
|
| Deferred tax assets (notes 10 & 11) |
|
|
|
|
|
|
|
|
|
|
|
|
Total noncurrent assets
|
|
|
|
|
|
|
|
|
|
|
|
|
Total assets
|
|
|
|
|
|
|
|
|
|
|
|
| Bank loans and overdrafts (note 8) |
|
|
|
|
|
|
|
|
|
|
|
|
Accounts payable
|
|
|
|
|
|
|
|
|
|
|
|
|
Accrued expenses
|
|
|
|
|
|
|
|
|
|
|
|
| Amounts due to related parties (note 18) |
|
|
|
|
|
|
|
|
|
|
|
| Short-term loans from the immediate holding company (note 18) |
|
|
|
|
|
|
|
|
|
|
|
| Income tax liabilities (note 11) |
|
|
|
|
|
|
|
|
|
|
|
| Other current liabilities (note 19) |
|
|
|
|
|
|
|
|
|
|
|
|
Total current liabilities
|
|
|
|
|
|
|
|
|
|
|
|
|
Other non-current liabilities (note 19)
|
|
|
|
|
|
|
|
|
|
|
|
| Deferred tax liabilities (note 11) |
|
|
|
|
|
|
|
|
|
|
|
|
Total non-current liabilities
|
|
|
|
|
|
|
|
|
|
|
|
| Issued and outstanding shares 13,830,769 shares (note 9) |
|
|
|
|
|
|
|
|
|
|
|
|
Common shares, $0.01 per share: Authorized shares: 50,000,000 Issued shares: 13,830,769 Outstanding shares: (note 9) 2012 - 13,828,869 shares (net of 1,900 treasury shares) 2011 - 13,830,769 shares
|
|
|
|
|
|
|
|
|
|
|
|
| Additional paid-in capital (note 22) |
|
|
|
|
|
|
|
|
|
|
|
| Retained earnings |
|
|
|
|
|
|
|
|
|
|
|
| Accumulated other comprehensive income (note 13) |
|
|
|
|
|
|
|
|
|
|
|
|
Treasury shares (1,900 shares at $3.2899)
|
|
|
|
|
|
|
|
|
|
|
|
|
Total APWC shareholders' equity
|
|
|
|
|
|
|
|
|
|
|
|
| Noncontrolling interests |
|
|
|
|
|
|
|
|
|
|
|
| Total shareholders' equity |
|
|
|
|
|
|
|
|
|
|
|
| Assets |
|
|
|
|
|
|
|
|
|
|
|
| Current assets |
|
|
|
|
|
|
|
|
|
|
|
| Cash and cash equivalents (excluding bank overdrafts) |
|
|
|
|
|
|
|
|
|
|
|
| Financial assets at fair value through profit |
|
|
|
|
|
|
|
|
|
|
|
| Trade receivables |
|
|
|
|
|
|
|
|
|
|
|
| Other receivables |
|
|
|
|
|
|
|
|
|
|
|
| Contract assets |
|
|
|
|
|
|
|
|
|
|
|
| Due from related parties |
|
|
|
|
|
|
|
|
|
|
|
| Inventories |
|
|
|
|
|
|
|
|
|
|
|
| Prepayments |
|
|
|
|
|
|
|
|
|
|
|
| Other current assets |
|
|
|
|
|
|
|
|
|
|
|
| Current assets other than assets classified as held for sale |
|
|
|
|
|
|
|
|
|
|
|
| Assets classified as held for sale |
|
|
|
|
|
|
|
|
|
|
|
| Current assets |
|
|
|
|
|
|
|
|
|
|
|
| Non-current assets |
|
|
|
|
|
|
|
|
|
|
|
| Financial assets at fair value through other comprehensive income |
|
|
|
|
|
|
|
|
|
|
|
| Property, plant and equipment |
|
|
|
|
|
|
|
|
|
|
|
| Right of use assets |
|
|
|
|
|
|
|
|
|
|
|
| Prepaid land lease payments |
|
|
|
|
|
|
|
|
|
|
|
| Investment properties |
|
|
|
|
|
|
|
|
|
|
|
| Intangible assets |
|
|
|
|
|
|
|
|
|
|
|
| Investments in associates |
|
|
|
|
|
|
|
|
|
|
|
| Deferred tax assets |
|
|
|
|
|
|
|
|
|
|
|
| Other non-current assets |
|
|
|
|
|
|
|
|
|
|
|
| Non-current assets |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total assets |
|
|
|
|
|
|
|
|
|
|
|
| Liabilities |
|
|
|
|
|
|
|
|
|
|
|
| Current liabilities |
|
|
|
|
|
|
|
|
|
|
|
| Interest-bearing loans and borrowings |
|
|
|
|
|
|
|
|
|
|
|
| Trade and other payables |
|
|
|
|
|
|
|
|
|
|
|
| Due to related parties |
|
|
|
|
|
|
|
|
|
|
|
| Financial liabilities at fair value through profit or loss |
|
|
|
|
|
|
|
|
|
|
|
| Accruals |
|
|
|
|
|
|
|
|
|
|
|
| Current tax liabilities |
|
|
|
|
|
|
|
|
|
|
|
| Employee benefit liability |
|
|
|
|
|
|
|
|
|
|
|
| Employee benefit liabilities |
|
|
|
|
|
|
|
|
|
|
|
| Onerous contracts provisions |
|
|
|
|
|
|
|
|
|
|
|
| Financial lease liabilities |
|
|
|
|
|
|
|
|
|
|
|
| Lease liabilities |
|
|
|
|
|
|
|
|
|
|
|
| Other current liabilities |
|
|
|
|
|
|
|
|
|
|
|
| Current liabilities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Non-current liabilities |
|
|
|
|
|
|
|
|
|
|
|
| Employee benefit liability |
|
|
|
|
|
|
|
|
|
|
|
| Interest-bearing loans and borrowings |
|
|
|
|
|
|
|
|
|
|
|
| Employee benefit liabilities |
|
|
|
|
|
|
|
|
|
|
|
| Financial lease liabilities |
|
|
|
|
|
|
|
|
|
|
|
| Lease liabilities |
|
|
|
|
|
|
|
|
|
|
|
| Deferred tax liabilities |
|
|
|
|
|
|
|
|
|
|
|
| Other non-current liabilities |
|
|
|
|
|
|
|
|
|
|
|
| Non-current liabilities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total liabilities
|
|
|
|
|
|
|
|
|
|
|
|
| Equity |
|
|
|
|
|
|
|
|
|
|
|
| Issued capital |
|
|
|
|
|
|
|
|
|
|
|
| Additional paid-in capital |
|
|
|
|
|
|
|
|
|
|
|
| Treasury shares |
|
|
|
|
|
|
|
|
|
|
|
| Retained earnings |
|
|
|
|
|
|
|
|
|
|
|
| Other components of equity |
|
|
|
|
|
|
|
|
|
|
|
| Equity attributable to equity holders of the parent |
|
|
|
|
|
|
|
|
|
|
|
| Non-controlling interests |
|
|
|
|
|
|
|
|
|
|
|
| Total equity |
|
|
|
|
|
|
|
|
|
|
|
| Total liabilities and equity |
|
|
|
|
|
|
|
|
|
|
|
|
|
|