BUILDING LANDMARKS, CHARTING GROWTH
221
Annual Report 2015
NOTES TO THE FINANCIAL STATEMENTS
6 ASSOCIATES AND JOINT VENTURES
(continued)
Joint ventures
(continued)
Immaterial
Chengdu Chengdu Shenyang
joint
Capitol
Huifeng Chengfeng Summit
ventures
Total
$’000
$’000
$’000
$’000
$’000
$’000
31/12/2015
Revenue
46,313
–
–
51,467
Profit/(Loss) from
continuing operations
(a)
8,955
(49)
(487)
25,656
OCI
–
14,560
11,540
–
Total comprehensive income
8,955
14,511
11,053
25,656
(a)
Includes:
– depreciation and amortisation of $223,000
– interest expense of $10,000
– income tax expense of $6,741,000
Non-current assets
727,651
–
177 1,843,924
Current assets
(b)
344,435 381,510 359,306 113,232
Non-current liabilities
(c)
(16,946)
–
– (315,914)
Current liabilities
(d)
(773,133)
–
(57,642)
(41,474)
Net assets
282,007 381,510 301,841 1,599,768
(b)
Includes cash and cash equivalents of $69,294,000.
(c)
Includes non-current financial liabilities (excluding trade and other payables and provisions) of $4,168,000.
(d)
Includes current financial liabilities (excluding trade and other payables and provisions) of $609,701,000.
Group’s interest in net assets of
investee at beginning of
the period
–
–
–
–
–
–
Group’s share of:
– profit/(loss) from
continuing operations
4,576
(24)
(244)
12,828
680
17,816
– OCI
–
7,280
5,770
29,846
(781)
42,115
Total comprehensive income
4,576
7,256
5,526
42,674
(101)
59,931
Acquisitions/Additions
during the period
136,497 183,499 145,394 757,210
15,855 1,238,455
Carrying amount of interest in
investee at end of the period
141,073 190,755 150,920 799,884
15,754 1,298,386
