2018E — Page 83

CONSOLIDATED STATEMENT OF FINANCIAL POSITION

At 31 December 2018

At 31 December At 31 December

At 1 January

2018

2017

(restated)

2017

(restated)

Note

HK$'000

HK$'000

HK$'000

Non-current assets

Investment properties

11

2,151,470

2,107,585

2,050,655

Other property, plant and equipment

11

52,657

56,123

58,957

Interest in leasehold land

11

39,031

40,400

41,769

2,243,158

2,204,108

2,151,381

Interest in associates

13

8,048

Interest in a joint venture

14

1,364,163

9,109 1,364,295

10,449 1,354,395

Other financial assets

15

337,304

176,306

661,542

Deferred tax assets

22(b)

3,618

5,294

5,248

3,956,291

3,759,112

4,183,015

Current assets

Inventories

17(a)

1,116,208

575,046

499,378

Trade and other receivables

18

361,234

629,533

831,458

Other financial assets

20,000

Cash and bank balances

19(a)

903,362

1,791,679

949,449

Tax recoverable

22(a)

37,349

36,583

23,610

2,418,153

3,032,841

2,323,895

Current liabilities

Trade and other payables

20

139,045

158,033

174,864

Contract liabilities

21

592,626

455,184

Tax payable

22(a)

41,318

16,230

41,002

180,363

766,889

671,050

Net current assets

2,237,790

2,265,952

1,652,845

6,194,081

6,025,064

5,835,860

Total assets less current liabilities

Non-current liabilities

Net employee retirement benefits liabilities

16(a)

4,003

3,024

4,468

Deferred tax liabilities

22(b)

59,930

55,153

50,062

63,933

58,177

54,530

NET ASSETS

6,130,148

5,966,887

5,781,330

Hong Kong Ferry (Holdings) Company Limited

81

Annual Report 2018