NewWorld Development Company Limited
FINANCIAL SECTION
158
16 INVESTMENT PROPERTIES
2015
2014
HK$m
HK$m
Completed investment properties
58,644.6
53,190.6
Investment properties under development
32,980.4
24,194.0
91,625.0
77,384.6
Completed
investment
properties
Investment
properties
under
development
Total
HK$m
HK$m
HK$m
At 1 July 2014
53,190.6
24,194.0
77,384.6
Translation differences
(0.5)
–
(0.5)
Acquisition of subsidiaries
1,695.3
4,435.0
6,130.3
Disposal of subsidiaries
(5.6)
–
(5.6)
Additions
1,283.3
3,379.9
4,663.2
Transfer between investment properties, property, plant and
equipment and land use rights
(92.6)
–
(92.6)
Transfer between investment properties, properties for/under
development and properties held for sale
(23.6)
954.3
930.7
Disposals
(424.7)
–
(424.7)
Changes in fair value
2,053.0
1,112.5
3,165.5
Transfer between investment properties and non-current
assets classified as assets held for sale
(125.9)
–
(125.9)
Reclassification
1,095.3
(1,095.3)
–
At 30 June 2015
58,644.6
32,980.4
91,625.0