in PDF - Hongkong Land
in PDF - Hongkong Land
in PDF - Hongkong Land
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14 Jo<strong>in</strong>t ventures<br />
2008 2007<br />
US$m<br />
US$m<br />
Share of unlisted jo<strong>in</strong>t ventures’ net assets 1,769.4 1,625.6<br />
Goodwill on acquisition 28.1 28.3<br />
1,797.5 1,653.9<br />
The Group’s share of assets, liabilities, capital commitments and cont<strong>in</strong>gent<br />
liabilities of jo<strong>in</strong>t ventures are summarised below:<br />
Tangible assets 1,159.0 1,027.0<br />
Other non-current assets 43.4 15.7<br />
Current assets 1,441.1 1,420.0<br />
Current liabilities (523.5) (488.5)<br />
Non-current liabilities (350.5) (347.8)<br />
M<strong>in</strong>ority <strong>in</strong>terests (0.1) (0.8)<br />
1,769.4 1,625.6<br />
Capital commitments 283.9 272.0<br />
Cont<strong>in</strong>gent liabilities 43.7 54.4<br />
15 Other <strong>in</strong>vestments<br />
2008 2007<br />
US$m<br />
US$m<br />
Unlisted equity – 17.5<br />
The Group’s other <strong>in</strong>vestments were available-for-sale f<strong>in</strong>ancial assets and were shown at fair value by reference to the underly<strong>in</strong>g<br />
<strong>in</strong>vestments.<br />
Annual Report 2008 37
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