2014 — Page 113

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

28 MATERIAL RELATED PARTY AND CONNECTED TRANSACTIONS (Continued)

(c)

Applicability of the Listing Rules relating to connected transactions

The related party transactions in respect of notes 28(b)(vi), (vii), (viii), (ix), (x), (xi), (xii), (xiii), (xiv) and (xv) above constitute connected transactions and/or continuing connected transactions (as defined in Chapter 14A of the Listing Rules). The disclosures required by Chapter 14A of the Listing Rules are provided in the paragraph headed "Connected Transactions" in the Report of the Directors as set out in the Company's annual report for the year ended 31 December 2014.

29

NON-ADJUSTING EVENTS AFTER THE REPORTING PERIOD

After the end of the reporting period, the directors proposed a final dividend and a second special dividend. Further details are disclosed in note 10.

30 POSSIBLE IMPACT OF AMENDMENTS, NEW STANDARDS AND INTERPRETATIONS ISSUED BUT NOT YET EFFECTIVE FOR THE YEAR ENDED 31 DECEMBER 2014

Up to the date of issue of these financial statements, the HKICPA has issued a few amendments and new standards which are not yet effective for the year ended 31 December 2014 and which have not been adopted in these financial statements. These include the following which may be relevant to the Group.

Effective for

accounting periods beginning on or after

Amendments to HKAS 19, Defined benefit plans: Employee contributions

1 July 2014

Annual improvements to HKFRSs 2010-2012 cycle

1 July 2014

Annual improvements to HKFRSS 2011-2013 cycle

1 July 2014

Amendments to HKAS 16 and HKAS 38, Clarification of acceptable methods of

depreciation and amortization

1 January 2016

HKFRS 15, Revenue from contracts with customers

HKFRS 9, Financial instruments

1 January 2017

1 January 2018

Hong Kong Ferry (Holdings) Company Limited Annual Report 2014

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