75
NOTES TO THE FINANCIAL STATEMENTS
For the financial year ended 31 December 2014
14.
Construction contracts
Group
2014
2013
$’000
$’000
Aggregate costs incurred and profits recognised (less losses
recognised) to date on uncompleted construction contracts
52,501
14,907
Less: Progress billings
(37,092)
(5,234)
15,409
9,673
Presented as:
Due from customers on construction contracts (Note 12)
20,228
11,329
Due to customers on construction contracts (Note 20)
(4,819)
(1,656)
15,409
9,673
15.
Available-for-sale financial assets
Group
2014
2013
$’000
$’000
Beginning of financial year
175
127
Fair value (loss)/gain recognised in other comprehensive income
(3)
48
End of financial year
172
175
Available-for-sale financial assets are analysed as follows:
Group
2014
2013
$’000
$’000
Listed securities:
- equity securities - Singapore
4
4
- equity securities - Malaysia
168
171
172
175
