15 ASSOCIATED COMPANIES
Group
2015
2014
HK$’000
HK$’000
Share of net assets
161,307
154,408
Details of the principal associated company at 31 December 2015 and 2014 are as follows:
Name
Place of
establishment
Principal activities
Interest held
Shenzhen Yantian Tugboat Company Ltd.
PRC
Provision of tugboat services in the PRC
23.84%
There is no associated company as at 31 December 2015, which in the opinion of the directors of the Trustee-Manager, is
individually material to the Group.
There are no material contingent liabilities relating to the Group’s interests in the associated companies.
The aggregate amounts of revenue, results, assets and liabilities of the associated companies are as follows:
2015
2014
HK$’000
HK$’000
Revenue
265,966
260,620
Net profit for the year
72,963
54,420
2015
2014
HK$’000
HK$’000
Total assets
530,746
552,803
Total liabilities
43,421
74,560
The Group’s share of revenue and results of associated companies are as follows:
2015
2014
HK$’000
HK$’000
Share of revenue
81,271
79,658
Share of results
22,379
17,087
Notes to the
Financial Statements
093
ANNUAL REPORT 2015
HUTCHISON PORT HOLDINGS TRUST
