17
INVENTORIES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
(a)
Inventories in the consolidated statement of financial position comprise:
2018
2017
(restated)
HK$'000
HK$'000
Property development
Properties under development for sale
Completed properties held for sale
Other operations
Trading stocks
Spare parts and consumables
Contract assets
1,033,957
442,712
71,243
115,529
1,105,200
558,241
1,544
1,975
1,327
1,080
8,137
13,750
11,008
16,805
}
1,116,208
575,046
The above properties are situated in Hong Kong and held under medium-term leases.
All of the inventories are expected to be recovered within one year.
(b) The analysis of the amount of inventories recognised as an expense and
included in profit or loss is as follows:
Carrying amount of inventories sold
1
1
2018
2017
(restated)
HK$'000
HK$'000
512,935
53,146
Hong Kong Ferry (Holdings) Company Limited
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Annual Report 2018
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