عربي

Annual Report 2010

Mubadala

Mubadala Development Company PJSC

Consolidated Statement of Financial Position

as at 31 December



Note

 2010
AED ‘000

 2009
AED ‘000
(Restated)1
Non-current assets
Property, plant and equipment 15 27,637,320 21,779,033
Intangible assets 16 4,890,411 4,640,240
Investment properties 17 201,536 1,129,186
Investment in equity accounted investees
  - associates 19(a) 411,513 305,922
  - jointly controlled entities 19(b) 5,848,288 4,619,276
Other investments (non-current portion) 20 23,692,852 22,472,784
Loans (non-current portion) 21 10,304,837 1,090,783
Other assets 22 971,709 970,908
Receivables and prepayments (non-current portion) 24 8,777,229 4,302,102
Total non-current assets 82,735,695 61,310,234
Current assets
Inventories 23 3,814,962 3,267,902
Other investments (current portion) 20 204,812 82,651
Loans (current portion) 21 718,160 191,045
Receivables and prepayments (current portion) 24 7,728,204 8,676,033
Assets classified as held for sale 25 - 3,603,449
Cash and cash equivalents 26 6,261,890 11,776,577
Total current assets 18,728,028 27,597,657
Total assets 101,463,723 88,907,891
Equity
Share capital 31 15,000,000 5,514,579
Reserves and surplus 738,347 1,075,886
Additional shareholder contributions 33 45,725,643 42,211,064
Government grants 36(b) 367,350 367,350
Total equity attributable to the equity holder of the Company 61,831,340 49,168,879
Non-controlling interests 285,522 262,805
Total equity 62,116,862 49,431,684
Non-current liabilities
Interest bearing loans (non-current portion) 29 24,420,884 24,185,960
Deferred tax liabilities 35 1,100,758 1,193,707
Derivatives (non-current portion) 28 723,062 373,282
Other liabilities 30 1,843,179 2,126,748
Total non-current liabilities 28,087,883 27,879,697
Current liabilities
Interest bearing loans (current portion) 29 1,968,047 2,918,463
Payables and accruals 27 8,084,756 7,969,522
Derivatives (current portion) 28 202,294 100,247
Amounts due to jointly controlled entities 19(b) 1,003,881 608,278
Total current liabilities 11,258,978 11,596,510
Total liabilities 39,346,861 39,476,207
Total equity and liabilities 101,463,723 88,907,891

These consolidated financial statements were authorized for issue by the Board of Directors on 21 March, 2011 and were signed on
their behalf by:

Director    Chief Executive Officer & Managing Director    Chief Financial Officer

The notes form an integral part of these consolidated financial statements.
1 See note 2(e)(iii) for restatement on account of change in accounting policies.
The independent auditors’ report is set out here.