Annual Report 2019

200 CHINA MERCHANTS PORT HOLDINGS COMPANY LIMITED Notes to the Consolidated Financial Statements For the year ended 31 December 2019 23. INTERESTS IN JOINT VENTURES (CONTINUED) (a) Material joint ventures (continued) 2019 2018 PONI PONI PONI PONI Property Corporate Property Corporate Trust Group Trust Group Trust Group Trust Group HK$’million HK$’million HK$’million HK$’million Reconciliation to the carrying amounts of interests in the joint ventures: Net assets attributable to the equity holders of the joint ventures 3,085 2,053 3,054 1,886 Proportion of the Group’s interests in the joint ventures 50% 50% 50% 50% Carrying amount of the Group’s interests in the joint ventures 1,543 1,027 1,527 943 Share of profit/(loss) of the joint ventures 152 (106) 152 (94) (b) Aggregate of other joint ventures 2019 2018 HK$’million HK$’million The Group’s share of: Profit for the year 486 445 Other comprehensive expense (162) (300) Total comprehensive income 324 145 Aggregate carrying amount of the Group’s interests in these joint ventures 7,078 9,489