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  • Financial Statements
  • Consolidated Balance Sheet

CONSOLIDATED BALANCE SHEET

 

 

As at 31 December

 

Note

2019

HK$ million

2018

HK$ million

Assets

 

 

 

Cash and deposits

19

740,434

832,968

Placements with banks and non-bank financial institutions

20

226,686

200,030

Derivative financial instruments

21

19,580

37,294

Trade and other receivables

22

167,427

111,057

Contract assets

23

11,504

11,068

Inventories

24

54,735

58,087

Financial assets held under resale agreements

25

11,117

12,955

Loans and advances to customers and other parties

26

4,366,639

4,024,401

Investments in financial assets

27

 

 

- Financial assets at amortised cost

 

1,040,997

899,348

- Financial assets at fair value through profit or loss

 

403,776

395,259

- Debt investments at fair value through other comprehensive income

 

701,936

582,899

- Equity investments at fair value through other comprehensive income

 

7,020

6,921

Assets classified as held for sale

36

28,819

-

Interests in associates

29

123,345

116,631

Interests in joint ventures

30

40,963

38,620

Fixed assets

31

150,075

189,647

Investment properties

31

37,555

32,579

Right-of-use assets

32

36,494

N/A

Intangible assets

33

11,977

14,387

Goodwill

34

21,203

22,885

Deferred tax assets

35

58,729

50,011

Other assets

 

28,913

23,666

Total assets

 

8,289,924

7,660,713

Liabilities

 

 

 

Borrowing from central banks

 

268,256

327,629

Deposits from banks and non-bank financial institutions

37

1,061,380

888,966

Placements from banks and non-bank financial institutions

38

107,400

129,163

Financial liabilities at fair value through profit or loss

 

1,436

1,468

Derivative financial instruments

21

20,763

37,676

Trade and other payables

39

148,908

171,093

Contract liabilities

23

21,380

18,535

Financial assets sold under repurchase agreements

40

127,766

138,589

Deposits from customers

41

4,541,841

4,159,924

Employee benefits payables

 

23,542

22,705

Income tax payable

35

13,989

11,551

Bank and other loans

42

151,312

156,678

Debt instruments issued

43

823,964

745,031

Lease liabilities 

32

17,435

N/A

Liabilities directly associated with assets classified as held for sale

36

20,674

-

Provisions

44

11,155

9,713

Deferred tax liabilities

35

9,963

8,756

Other liabilities

 

24,269

22,576

Total liabilities

 

7,395,433

6,850,053

Equity

45

 

 

Share capital

 

381,710

381,710

Reserves

 

209,816

176,835

Total ordinary shareholders’ funds

 

591,526

558,545

Non-controlling interests

 

302,965

252,115

Total equity

 

894,491

810,660

Total liabilities and equity

 

8,289,924

7,660,713

Approved and authorised for issue by the board of directors on 31 March 2020.

Director: Zhu Hexin

Director: Wang Jiong

The notes form part of these consolidated financial statements.