2018E — Page 140

138

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

15 OTHER FINANCIAL ASSETS

2018

Notes

HK$'000

2017

HK$'000

Financial assets designated at FVOCI (non-recycling)

- Equity securities listed in Hong Kong

0

136,160

Financial assets designated at FVOCI (recycling)

- Listed debt securities inside Hong Kong

- Listed debt securities outside Hong Kong

Financial assets designated at FVPL

―

Unit trust listed in Hong Kong

Available-for-sale financial assets

Listed debt securities inside Hong Kong - Listed debt securities outside Hong Kong

Market value of listed securities at 31 December

(ii)

39,671

58,864

102,609

337,304

40,980

135,326

337,304

176,306

337,304

176,306

Notes:

(i)

The Group has designated certain investments as equity securities designated as financial assets at FVOCI (non-recycling) as the investments are held for strategic purposes. Details of the investments are as follows:

Name of equity securities

HSBC Holdings Plc

Bank of China Ltd

Agricultural Bank of China Limited

HK$'000

84,240

34,770

17,150

As at 31 December 2018

136,160

(ii)

Available-for-sale financial assets were reclassified to financial assets designated at FVOCI (recycling) upon the initial application of HKFRS 9 at 1 January 2018 (see note 1(c)(i)).

Hong Kong Ferry (Holdings) Company Limited Annual Report 2018

Page 140Page 141