Annual Report (in PDF) - Hongkong Land
Annual Report (in PDF) - Hongkong Land
Annual Report (in PDF) - Hongkong Land
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
14 Jo<strong>in</strong>t ventures<br />
2007 2006<br />
US$m<br />
US$m<br />
Share of unlisted jo<strong>in</strong>t ventures’ net assets 1,625.6 881.0<br />
Goodwill on acquisition 28.3 13.5<br />
1,653.9 894.5<br />
The Group’s share of assets and liabilities, capital commitments and cont<strong>in</strong>gent<br />
liabilities of jo<strong>in</strong>t ventures are summarised below:<br />
Tangible assets 1,027.0 831.2<br />
Other non-current assets 15.7 11.8<br />
Current assets 1,420.0 381.7<br />
Current liabilities (488.5) (206.4)<br />
Non-current liabilities (347.8) (136.8)<br />
M<strong>in</strong>ority <strong>in</strong>terests (0.8) (0.5)<br />
1,625.6 881.0<br />
Capital commitments 272.0 35.4<br />
Cont<strong>in</strong>gent liabilities 54.4 35.3<br />
15 Other <strong>in</strong>vestments<br />
2007 2006<br />
US$m<br />
US$m<br />
Unlisted equity 17.5 16.1<br />
The Group’s other <strong>in</strong>vestments are available-for-sale f<strong>in</strong>ancial assets and are shown at fair value by reference to the underly<strong>in</strong>g<br />
<strong>in</strong>vestments.<br />
<strong>Annual</strong> <strong>Report</strong> 2007 37
Change language