2017E — Page 156

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

31 COMPANY-LEVEL STATEMENT OF FINANCIAL POSITION

2017

2016

Note

HK$'000

HK$'000

HK$'000

HK$'000

Non-current assets

Interest in subsidiaries

14

Interest in associate

Current assets

Trade and other receivables

Cash and bank balances

31,970

955

4,133,885

2,988

4,136,873

9,126

982

32,925

10,108

4,139,865

2,988

4,142,853

Current liabilities

Amounts due to subsidiaries

1,474,060

1,345,262

Trade and other payables

9,538

9,230

1,483,598

1,354,492

Net current liabilities

(1,450,673)

(1,344,384)

2,686,200

2,798,469

Total assets less current liabilities

Non-current liability

Net employee retirement benefits liabilities

3,024

4,468

NET ASSETS

2,683,176

2,794,001

CAPITAL AND RESERVES

25(a)

Share capital Reserves

1,754,801

1,754,801

928,375

1,039,200

TOTAL EQUITY

2,683,176

2,794,001

Approved and authorised for issue by the board of directors on 20 March 2018.

Dr. Lam Ko Yin, Colin Chairman

154

Hong Kong Ferry (Holdings) Company Limited Annual Report 2017

Li Ning

Director