|
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
14
INTEREST IN A JOINT VENTURE (Continued)
Summarised financial information of the joint venture, adjusted for any differences in accounting policies, and a reconciliation to the carrying amount in the consolidated financial statements, are disclosed below:
Gross amounts of the joint venture's
Current assets
Non-current assets
Current liabilities
Non-current liabilities
Equity
2018
HK$'000
2017
HK$'000
2,909,697
2,780,597
(109,038)
(52,007)
(2,801,132)
(2,728,800)
(473)
(210)
Included in the above assets and liabilities:
Cash and cash equivalents
10,511
Current financial liabilities (excluding trade and other payables
and provisions)
(52,957)
(50,757)
Non-current financial liabilities (excluding trade and other payables
and provisions)
(2,801,132)
(2,728,800)
Revenue
Loss for the year
Other comprehensive income
Total comprehensive income
(263)
(201)
(263)
(201)
No depreciation and amortisation, interest income, income expenses and income tax expenses is included in the above profit.
2018
HK$'000
2017
HK$'000
Reconciled to Group's interest in the joint venture
Gross amounts of the joint venture's net liabilities Group's effective interest
(474)
(210)
50%
50%
Group's share of the joint venture's net liabilities
(237)
(105)
Hong Kong Ferry (Holdings) Company Limited
137
Annual Report 2018