Investor Presentaiton
MORGAN STANLEY BANK ASIA LIMITED
NOTES TO THE FINANCIAL STATEMENTS
Year ended 31 December 2020
16. TRADE AND OTHER RECEIVABLES
2020
US$'000
2019
US$'000
Trade receivables
45,465
36,356
Other receivables
Amounts due from other Morgan Stanley Group
undertakings
39,714
20,283
Interest receivable
3,352
5,591
Other amounts receivable
202
340
88,733
62,570
17. DEPOSITS
2020
US$'000
2019
US$'000
Deposits of banks
Current account balances
2,053
2,149
Deposits of non-bank customers
Current account balances
5,648,210
2,622,296
Term deposits
1,157,748
1,041,164
Deposits of other Morgan Stanley Group undertakings
127
6,808,011
3,665,736
18.
TRADE AND OTHER PAYABLES
2020
US$'000
2019
US$'000
Other payables
Amounts due to other Morgan Stanley Group undertakings
9,380
8,873
Staff compensation and benefits accruals
115,297
85,343
Interest payable
1,942
7,024
Other amounts payable
3,997
3,449
130,616
104,689
19. DEFERRED TAX ASSETS
Deferred taxes are calculated on all temporary differences under the liability method. The movement
in the deferred tax account is as follows:
2020
US$'000
2019
US$'000
At 1 January
5,002
4,023
Amount recognised in the income statement
2,531
1,014
Amount recognised in other comprehensive income:
Financial assets measured at FVOCI
247
(59)
Foreign exchange revaluation
21
24
At 31 December
7,801
5,002
32View entire presentation