Annual Report 2019

103 Miramar Hotel and Investment Company, Limited Annual Report 2019 Consolidated Statement of Financial Position Consolidated statement of financial position at 31 December 2019 Note 2019 2018 HK$’000 HK$’000 Non-current assets Investment properties 10(a) 15,371,179 14,867,081 Other property, plant and equipment 10(a) 359,739 266,792 15,730,918 15,133,873 Interests in associates 12 583 4,200 Equity securities designated at FVOCI 13 94,936 92,191 Financial assets measured at fair value through profit or loss (“FVPL”) 13 1,699 1,547 Deferred tax assets 22(b)(ii) 8,779 6,540 15,836,915 15,238,351 Current assets Inventories 14 116,674 119,060 Trade and other receivables 15 227,168 282,363 Financial assets measured at FVPL 13 55,532 70,128 Cash and bank balances 16(a) 5,252,640 4,713,351 Tax recoverable 22(a) 2,976 5,535 5,654,990 5,190,437 Current liabilities Trade and other payables 17 (415,141) (477,025) Bank loan 19 (2,727) (2,848) Rental deposits received 17 (89,654) (97,459) Contract liabilities 17 (181,898) (164,469) Lease liabilities 18 (61,537) – Tax payable 22(a) (141,286) (48,481) (892,243) (790,282) Net current assets 4,762,747 4,400,155 Total assets less current liabilities carried forward 20,599,662 19,638,506