OTHER INFORMATION
Interim Report 2015/2016
OTHER INFORMATION
39
Disclosure Pursuant to Rules 13.20 and 13.22 of the Listing Rules
At 31 December 2015, the Group had given financial assistance and guarantees to its joint ventures and associated
companies (collectively “affiliated companies”) as set out below:
As at
31 December
2015
As at
30 June
2015
HK$m
HK$m
Amounts due by affiliated companies (Note)
26,071.0
24,181.7
Guarantees given for affiliated companies in respect of banking and
other credit facilities
5,361.0
4,249.4
Commitments to capital injections and loan contributions
1,337.5
2,105.3
32,769.5
30,536.4
Note:
The advances were unsecured and were interest free except for an aggregate amount of HK$6,148.1 million (30 June 2015: HK$6,012.2
million) which carried interest ranging from 1.3% above HIBOR to 10% per annum (30 June 2015: 1.3% above HIBOR to 10% per annum). The
advances had no fixed repayment terms.
Pursuant to Rule 13.22 of the Listing Rules, a combined statement of financial position of those affiliated companies
with financial assistance from the Group and the Group’s attributable interest in those affiliated companies as at
31 December 2015 are presented as follows:
Combined
statement of
financial
position
Group’s
attributable
interests
HK$m
HK$m
Non-current assets
129,259.2
60,659.3
Current assets
30,634.4
15,896.0
Current liabilities
(30,511.7)
(15,425.7)
Total assets less current liabilities
129,381.9
61,129.6
Non-current liabilities
(68,945.2)
(30,465.5)
Net assets
60,436.7
30,664.1
The combined statement of financial position of the affiliated companies was prepared by combining their statements of
financial position, after making adjustments to conform with the Group’s significant accounting policies and re-grouping
into significant classification in the statement of financial position, as at 31 December 2015.
