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  • Financial Statements
  • Consolidated Balance Sheet

CONSOLIDATED BALANCE SHEET

 

 

As at 31 December

 

Note

2020

HK$ million

2019

HK$ million

Assets

 

 

 

Cash and deposits

19

755,386

740,434

Placements with banks and non-bank financial institutions

20

198,513

226,686

Derivative financial instruments

21

47,804

19,580

Trade and other receivables

22

169,723

167,427

Contract assets

23

13,619

11,504

Inventories

24

80,370

54,735

Financial assets held under resale agreements

25

143,029

11,117

Loans and advances to customers and other parties

26

5,206,155

4,366,639

Investments in financial assets

27

 

 

- Financial assets at amortised cost

 

1,156,496

1,040,997

- Financial assets at fair value through profit or loss

 

528,293

403,776

- Debt investments at fair value through other comprehensive income

 

860,255

701,936

- Equity investments at fair value through other comprehensive income

 

8,023

7,020

Assets classified as held for sale

36

-

28,819

Interests in associates

29

131,040

123,345

Interests in joint ventures

30

50,287

40,963

Fixed assets

31

167,840

150,075

Investment properties

31

38,455

37,555

Right-of-use assets

32

37,915

36,494

Intangible assets

33

15,877

11,977

Goodwill

34

21,133

21,203

Deferred tax assets

35

74,164

58,729

Other assets

 

36,451

28,913

Total assets

 

9,740,828

8,289,924

Liabilities

 

 

 

Borrowing from central banks

 

266,611

268,256

Deposits from banks and non-bank financial institutions

37

1,370,439

1,061,380

Placements from banks and non-bank financial institutions

38

74,308

107,400

Financial liabilities at fair value through profit or loss

 

12,423

1,436

Derivative financial instruments

21

49,808

20,763

Trade and other payables

39

160,943

148,908

Contract liabilities

23

28,092

21,380

Financial assets sold under repurchase agreements

40

94,774

127,766

Deposits from customers

41

5,427,694

4,541,841

Employee benefits payables

 

36,176

33,357

Income tax payable

35

13,448

13,989

Bank and other loans

42

163,604

151,312

Debt instruments issued

43

973,858

823,964

Lease liabilities 

32

18,267

17,435

Liabilities directly associated with assets classified as held for sale

36

-

20,674

Provisions

44

15,172

11,155

Deferred tax liabilities

35

11,444

9,963

Other liabilities

 

15,125

14,454

Total liabilities

 

8,732,186

7,395,433

Equity

45

 

 

Share capital

 

381,710

381,710

Reserves

 

292,566

209,816

Total ordinary shareholders’ funds

 

674,276

591,526

Non-controlling interests

 

334,366

302,965

Total equity

 

1,008,642

894,491

Total liabilities and equity

 

9,740,828

8,289,924

 

Approved and authorised for issue by the board of directors on 30 March 2021.

Director: Zhu Hexin      Director: Xi Guohua

The notes form part of these consolidated financial statements.