Balance Sheet
As at 31 December 2014Note | 2014 HK$ million | 2013 HK$ million | |
Non-current assets | |||
Fixed assets | 33 | - | 20 |
Interests in subsidiaries | 30 | 408,992 | 111,153 |
Interests in associates | 31 | - | 1,801 |
Interests in joint ventures | 32 | 3,886 | 4,808 |
412,878 | 117,782 | ||
Current assets | |||
Derivative financial instruments | 22 | 99 | 88 |
Amounts due from subsidiaries | 30 | 5,847 | 5,069 |
Trade and other receivables | 23 | 263 | 195 |
Cash and deposits | 19 | 13,031 | 16,381 |
19,240 | 21,733 | ||
Current liabilities | |||
Bank and other loans | 42 | 27,740 | 10,744 |
Amounts due to subsidiaries | 30 | 313 | 6,174 |
Trade and other payables | 39 | 1,086 | 906 |
Derivative financial instruments | 22 | 186 | 139 |
Income tax payable | 36(a) | 80 | 80 |
29,405 | 18,043 | ||
Net current (liabilities)/assets | (10,165) | 3,690 | |
Total assets less current liabilities | 402,713 | 121,472 | |
Non-current liabilities | |||
Long term borrowings | 42 | 20,036 | 30,605 |
Debt instruments issued | 43(a) | 34,668 | 26,974 |
Derivative financial instruments | 22 | 1,546 | 1,316 |
56,250 | 58,895 | ||
Net assets | 346,463 | 62,577 | |
Equity | 45 | ||
Share capital: nominal value | - | 1,460 | |
Share premium | - | 36,533 | |
Capital redemption reserve | - | 29 | |
Share capital and other statutory capital reserves | 324,198 | 38,022 | |
Perpetual capital securities | 13,834 | 13,838 | |
Reserves | 8,431 | 10,717 | |
Total ordinary shareholders'funds and perpetual capital securities | 346,463 | 62,577 | |
Approved and authorised for issue by the board of directors on 24 March 2015. |
Director:
Chang Zhenming
Director:
Wang Jiong