NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
19
INVENTORIES
(a)
Inventories in the consolidated statement of financial position comprise:
2017
HK$'000
2016
HK$'000
Property development
Properties under development for sale
Completed properties held for sale
Other operations
Trading stocks
Spare parts and consumables
Work in progress
442,712
326,518
99,973
150,429
542,685
476,947
1,975
1,596
1,080
1,462
13,750
7,157
16,805
10,215
559,490
487,162
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
132
Hong Kong Ferry (Holdings) Company Limited Annual Report 2017
2017
HK$'000
2016
HK$'000
56,486
87,224
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