Annual Report 2011 - Hongkong Land

Notes to the Financial Statements
14 Other Investments
2011 2010
US$m
US$m
Listed securities 46.5 57.2
Unlisted securities 2.1 2.0
48.6 59.2
Movements for the year:
At 1st January 59.2 46.4
Exchange differences 0.1 (0.2)
Additions – 2.0
Net revaluation (deficit)/surplus (10.7) 11.0
At 31st December 48.6 59.2
The fair value measurements of available-for-sale financial assets are based on
the following data:
Quoted prices in active markets 46.5 57.2
Unobservable inputs 2.1 2.0
48.6 59.2
15 Deferred Tax Assets and Liabilities
Revaluation
Accelerated surpluses of Other
capital investment temporary
Tax losses allowances properties differences Total
US$m US$m US$m US$m US$m
2011
At 1st January 1.0 (46.2) (1.0) (1.5) (47.7)
Exchange differences – (0.1) – – (0.1)
(Charged)/credited to profit and loss 0.4 (4.2) (0.9) (1.2) (5.9)
Charged to other comprehensive income – – – (0.2) (0.2)
At 31st December 1.4 (50.5 ) (1.9 ) (2.9 ) (53.9 )
Deferred tax assets 1.4 – – 4.1 5.5
Deferred tax liabilities – (50.5) (1.9) (7.0) (59.4)
1.4 (50.5 ) (1.9 ) (2.9 ) (53.9 )
46 Hongkong Land