Page 29 - ar2007

Group Trust
Note US$’000 US$’000
Non-current assets
Vessels 3 609,806 -
Subsidiaries 4 - 528,766
609,806 528,766
Current assets
Prepayments and other receivables 5 945 64,594
Cash and cash equivalents 6 18,483 15,744
19,428 80,338
Total assets 629,234 609,104
Equity attributable to unitholders of the Trust
Units in issue 7 476,775 476,775
Reserves 9 (17,365) (34,622)
Total equity 459,410 442,153
Non-current liability
Financial liabilities 10 158,091 158,091
Current liabilities
Trade and other payables 11 3,513 644
Financial liabilities 10 8,136 8,136
Current tax payable 84 80
11,733 8,860
Total liabilities 169,824 166,951
Total equity and liabilities 629,234 609,104
Balance sheets
As at 31 December 2007
The accompanying notes form an integral part of these financial statements.
FIRST SHIP LEASE TRUST | ANNUAL REPORT 2007
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