Year
Hong Kong Ferry (Holdings) Company Limited
Annual Report 2013
123
Five Years' Summary of Assets and Liabilities
2009
2010
2011
2012
2013
HK$ Million
HK$ Million
HK$ Million
HK$ Million
HK$ Million
Restated
Restated
Fixed assets and interest in leasehold land
1,106
1,184
1,247
1,304
1,367
Interest in associates
80
40
25
22
17
Properties under development
1,511
2,050
2,361
2,822
Investments
854
661
493
716
405
Deferred tax assets
28
8
6
7
14
Current assets
2,396
1,249
1,118
1,154
3,788
Total assets
Total liabilities
Net assets employed
Note:
4,464
4,653
4,939
5,564
8,413
363
228
216
421
3,226
4,101
4,425
4,723
5,143
5,187
In order to comply with Revised HKAS 19, Employee benefits, the Group changed its accounting policy with respect to defined benefit plans in 2013. This change in accounting policy has been applied retrospectively. As a result, profit and net assets for the year 2012 have been restated. Details of these changes in accounting policies are disclosed in note 1(c). Figures for the years 2009 and 2010 have not been restated as it would involve delay and expenses out of proportion to the benefits of shareholders.
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