CONSOLIDATED STATEMENT OF FINANCIAL POSITION
At 31 December 2018
At 31 December At 31 December
At 1 January
2018
2017
(restated)
2017
(restated)
Note
HK$'000
HK$'000
HK$'000
Non-current assets
Investment properties
11
2,151,470
2,107,585
2,050,655
Other property, plant and equipment
11
52,657
56,123
58,957
Interest in leasehold land
11
39,031
40,400
41,769
2,243,158
2,204,108
2,151,381
Interest in associates
13
8,048
Interest in a joint venture
14
1,364,163
9,109 1,364,295
10,449 1,354,395
Other financial assets
15
337,304
176,306
661,542
Deferred tax assets
22(b)
3,618
5,294
5,248
3,956,291
3,759,112
4,183,015
Current assets
Inventories
17(a)
1,116,208
575,046
499,378
Trade and other receivables
18
361,234
629,533
831,458
Other financial assets
20,000
Cash and bank balances
19(a)
903,362
1,791,679
949,449
Tax recoverable
22(a)
37,349
36,583
23,610
2,418,153
3,032,841
2,323,895
Current liabilities
Trade and other payables
20
139,045
158,033
174,864
Contract liabilities
21
592,626
455,184
Tax payable
22(a)
41,318
16,230
41,002
180,363
766,889
671,050
Net current assets
2,237,790
2,265,952
1,652,845
6,194,081
6,025,064
5,835,860
Total assets less current liabilities
Non-current liabilities
Net employee retirement benefits liabilities
16(a)
4,003
3,024
4,468
Deferred tax liabilities
22(b)
59,930
55,153
50,062
63,933
58,177
54,530
NET ASSETS
6,130,148
5,966,887
5,781,330
Hong Kong Ferry (Holdings) Company Limited
81
Annual Report 2018