New World Development Company Limited
152
Financial Section
16 Investment Properties
2016
2015
HK$m
HK$m
Completed investment properties
53,385.3
58,644.6
Investment properties under development
33,211.7
32,980.4
86,597.0
91,625.0
Completed
investment
properties
Investment
properties
under
development
Total
HK$m
HK$m
HK$m
At 1 July 2015
58,644.6
32,980.4
91,625.0
Translation differences
(1,395.7)
(346.0)
(1,741.7)
Disposal of subsidiaries
(1,321.9)
(1,440.9)
(2,762.8)
Additions
687.2
3,501.3
4,188.5
Transfer between investment properties, property, plant and
equipment and land use rights
(672.9)
–
(672.9)
Transfer between investment properties, properties under
development and properties held for sale
1,035.5
–
1,035.5
Disposals
(1,631.9)
–
(1,631.9)
Changes in fair value
1,449.8
(1,142.5)
307.3
Transfer between investment properties and
non-current assets classified as assets held for sale (note 35)
(3,750.0)
–
(3,750.0)
Reclassification
340.6
(340.6)
–
At 30 June 2016
53,385.3
33,211.7
86,597.0
Completed
investment
properties
Investment
properties
under
development
Total
HK$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
