2015
2014
Note
HK$’000
HK$’000
ASSETS
Non-current assets
Fixed assets
10
24,480,774
25,040,000
Projects under development
11
2,966,246
2,331,967
Leasehold land and land use rights
12
41,269,830
42,554,823
Railway usage rights
13
13,859
15,002
Customer relationships
14(a)
6,838,596
7,172,802
Goodwill
14(b)
22,629,044
22,629,044
Associated companies
15
161,307
154,408
Joint ventures
16
3,898,495
4,150,299
Other non-current assets
17
1,272,025
798,388
Deferred tax assets
18
12,695
12,868
103,542,871
104,859,601
Current assets
Cash and cash equivalents
19
6,840,810
7,798,806
Trade and other receivables
20
3,723,445
3,318,249
Inventories
123,469
133,759
10,687,724
11,250,814
Current liabilities
Trade and other payables
21
7,294,967
6,940,993
Bank and other debts
22
8,911,165
8,190,242
Current tax liabilities
312,738
487,092
16,518,870
15,618,327
Net current liabilities
(5,831,146)
(4,367,513)
Total assets less current liabilities
97,711,725
100,492,088
Non-current liabilities
Bank and other debts
22
24,082,292
25,491,172
Pension obligations
23
200,269
144,079
Deferred tax liabilities
18
11,204,694
11,442,991
Other non-current liabilities
24
56,863
19,651
35,544,118
37,097,893
Net assets
62,167,607
63,394,195
EQUITY
Units in issue
25
68,553,839
68,553,839
Reserves
(25,953,724)
(24,237,451)
Net assets attributable to unitholders of HPH Trust
42,600,115
44,316,388
Non-controlling interests
19,567,492
19,077,807
Total equity
62,167,607
63,394,195
Consolidated Statement
of Financial Position
AT 31 DECEMBER 2015
071
ANNUAL REPORT 2015
HUTCHISON PORT HOLDINGS TRUST
