16 JOINT VENTURES CONTINUED¡
The aggregate amounts of revenue, results, assets and liabilities of the joint ventures are as follows:
2015
2014
HK$’000
HK$’000
Revenue
1,682,791
1,564,122
Net profit for the year
246,878
250,062
2015
2014
HK$’000
HK$’000
Non-current assets
9,142,524
9,010,449
Current assets
1,828,455
1,837,877
Total assets
10,970,979
10,848,326
Non-current liabilities
3,705,370
1,705,680
Current liabilities
771,680
2,951,806
Total liabilities
4,477,050
4,657,486
The Group’s share of revenues and results of joint ventures are as follows:
2015
2014
HK$’000
HK$’000
Share of revenue
783,230
732,346
Share of results
118,662
121,476
17 OTHER NONCURRENT ASSETS
Group
2015
2014
HK$’000
HK$’000
Investments
Listed equity security
60,413
58,388
River Ports Economic Benefits (Note)
518,600
740,000
Prepayment for fixed assets, leasehold land and land use rights
652,547
-
Other receivables
40,465
-
1,272,025
798,388
Note:
The River Ports Economic Benefits represent the economic interest and benefits of the river ports in Nanhai, Jiangmen and Zhuhai
Jiuzhou, the PRC (together the “River Ports”), including all dividends and any other distributions or other monies payable to a related
company or any of its subsidiaries in its capacity as a shareholder of the relevant holding company of the River Ports arising from the
profits attributable to the business of the River Ports and all sale or disposal proceeds derived from such businesses, assets, rights
and/or liabilities constituting any part of the business of the River Ports as agreed with a related company and any of its subsidiaries.
In the fourth quarter of 2015, the Economic Benefits in Zhuhai Jiuzhou was ceased for a consideration of approximately
HK$347,232,000 and a gain of approximately HK$155,532,000 are resulted and recognised for the year.
Notes to the
Financial Statements
095
ANNUAL REPORT 2015
HUTCHISON PORT HOLDINGS TRUST
