69 / 148
At 31 December 2016
(Expressed in Hong Kong dollars)
CONSOLIDATED STATEMENT OF FINANCIAL POSITION
OF THE TRUST AND OF THE COMPANY
2016 ANNUAL REPORT
69
2016
2015
Note
$ million
$ million
Non-current assets
Property, plant and equipment
64,432
64,521
Interests in leasehold land held for own use under finance leases
6,281
6,472
15
70,713
70,993
Goodwill
16
33,623
33,623
Derivative financial instruments
24
1,034
314
Employee retirement benefit scheme assets
25(a)
454
580
Deferred tax assets
26(b)
–
6
105,824
105,516
Current assets
Inventories
18
985
882
Trade and other receivables
19
1,225
1,160
Bank deposits and cash
20(a)
316
6,157
2,526
8,199
Current liabilities
Trade and other payables
21
(2,735)
(2,586)
Fuel Clause Recovery Account
22
(4,088)
(2,283)
Current portion of bank loans and other interest-bearing borrowings
23
(335)
(900)
Current tax payable
26(a)
(351)
(360)
(7,509)
(6,129)
Net current (liabilities)/assets
(4,983)
2,070
Total assets less current liabilities
100,841
107,586
Non-current liabilities
Bank loans and other interest-bearing borrowings
23
(39,344)
(46,317)
Derivative financial instruments
24
(73)
(207)
Customers’ deposits
(2,057)
(2,001)
Deferred tax liabilities
26(b)
(9,017)
(9,247)
Employee retirement benefit scheme liabilities
25(a)
(406)
(587)
(50,897)
(58,359)
Scheme of Control Fund and Reserve
12(c)
(39)
(215)
Net assets
49,905
49,012
Capital and reserves
Share capital
27(b)
8
8
Reserves
49,897
49,004
Total equity
49,905
49,012
Approved and authorised for issue by the Boards on 21 March 2017.
Wan Chi Tin
Chan Loi Shun
Director
Director
The notes on pages 72 to 126 form part of these consolidated financial statements.
As explained in note 2, the consolidated financial statements of the Trust and the consolidated financial statements of the
Company are presented together.