2014  $’000 2013  $’000 10 OTHER ASSETS AND FILM DISTRIBUTION ROYALTIES (a) Other Assets Current: Prepayments 6,458 7,720 Other assets 13,788 8,652 20,246 16,372 Non-current: Security deposits 49 1,425 Other assets 1,807 562 1,856 1,987 (b) Film Distribution Royalties Opening balance 148,831 126,439 Additions 44,036 64,127 Foreign currency movements (1,993) 3,564 Film hire and other film expenses (59,979) (45,299) 130,895 148,831 Current film distribution royalties 44,233 49,703 Non-current film distribution royalties 86,662 99,128 130,895 148,831 11 INVESTMENTS IN ASSOCIATES Non-current: Investments in associates 12,125 25,125 (a) Investments in associates – detailed information: Dartina Development Limited (“Dartina”): (i) Nature of Relationship and ownership percentage: The VRL group owns 50% of the ordinary shares in Dartina. (ii) Principal Place of Business and Country of Incorporation: Dartina was incorporated in Hong Kong, and the principal place of business for Dartina and its subsidiaries is  68 Orchard Road, B1-10 Plaza Singapura, Singapore. (iii) Dividends Received: In the year ended 30 June 2014, the VRL group received $20.9 million (2013: $3.9 million) in dividends from Dartina. (iv) Summarised Financial Information: Current assets 29,293 32,783 Non-current assets 51,218 51,819 Current liabilities (34,066) (29,328) Non-current liabilities (21,009) (3,836) Equity 25,436 51,438 Carrying value of investment 12,120 25,121 Total income 123,742 114,966 Operating profit after tax – continuing operations 15,404 13,953 Operating profit after tax – discontinued operations – – Total operating profit after tax 15,404 13,953 Other Comprehensive Income 388 4,663 Total Comprehensive Income 15,792 18,616 Equity-accounted share of Dartina’s profit after tax 7,702 6,976 (b) Investments in associates – detailed information: Village Roadshow Entertainment Group Limited (“VREG”): (i) Nature of Relationship and ownership percentage: The VRL group is the largest shareholder in Village Roadshow Entertainment Group Limited (“VREG”), with 47.12% (2013: 47.63%) of the ordinary shares  of VREG. The VRL group also holds dividend bearing non-voting redeemable equity shares (“redeemable equity shares”), which are scheduled to be redeemed by  2018 and can be converted into ordinary shares upon an Initial Public Offering of VREG. The redeemable amount, including accrued dividends as at 30 June  2014 is approximately USD 126.9 million. Partial redemption of the redeemable equity shares is currently not anticipated to commence in the short term.  The redeemable equity shares are subordinated to VREG’s securitised film financing and mezzanine debt in the event of default or poor film performance. 51 ANNUAL REPORT 2014 CLOSE FILE X