Statement of Financial Position
As at 31 December
	2008	2007	2006	2005	2004
	US$'000	US$'000	US$'000	US$'000	US$'000
Non-Current Assets
Property, plant and equipment	44,470	42,223	38,104	30,752	16,321
Investment in associates	6,731	1,957	634	-	-
Intangible assets	1,033	967	566	548	119
	52,234	45,147	39,304	31,300	16,440
Current Assets
Cash and cash equivalents	32,310	32,759	34,780	32,786	45,659
Derivatives	-	186	-	-	-
Trade receivables	38,277	56,222	41,600	39,004	25,141
Bills and other receivables	10,938	12,646	7,609	5,497	4,780
Prepayments	486	116	133	618	2,078
Inventories	8,904	9,065	8,095	6,238	4,230
	90,915	110,994	92,217	84,143	81,888
Current Liabilities
Trade payables and accruals	20,716	30,981	21,879	20,165	10,057
Bills and other payables	7,033	8,328	9,556	8,245	7,083
Loans and borrowings	3	6	262	248	2,518
Provision for tax	149	1,287	732	255	-
Other liabilities	100	698	344	1,153	1,278
Deriviatives	129	-	-	-	-
	28,130	41,300	32,773	30,066	20,936
Net Current Assets	62,785	69,694	59,444	54,077	60,952
Non-Current Liabilities
Other payable	-	324	606	510	668
Loans and borrowings	-	3	9	-	1
Deferred taxation	1,523	1,609	1,978	1,913	1,819
	1,523	1,936	2,593	2,423	2,488
Net Assets	113,496	112,905	96,155	82,954	74,904
Equity attributable to equity
holders of the parent
Share capital	42,971	42,971	42,971	42,971	42,971
Treasury shares	(479)	(427)	-	-	-
Currency translation reserve	17,698	11,450	5,749	2,420	1,538
Statutory reserve fund	3,747	3,393	2,413	1,478	-
Revenue reserves	48,241	53,344	44,294	34,672	30,170
	112,178	110,731	95,427	81,541	74,679
Minority interests	1,318	2,174	728	1,413	225
	113,496	112,905	96,155	82,954	74,904
Total Assets	80,364	86,447	72,077	61,366	37,376
Total Liabilities	29,653	43,236	35,366	32,489	23,424
Net Assets per share
US cents	15.7	15.4	13.3	11.3	10.4