Annual Report 2019

237 ANNUAL REPORT 2019 47. STATEMENT OF FINANCIAL POSITION AND RESERVES OF THE COMPANY (CONTINUED) 2019 2018 HK$’million HK$’million LIABILITIES Non-current liabilities Advances from subsidiaries — 20,949 Bank and other borrowings 3,101 4,207 3,101 25,156 Current liabilities Advances from subsidiaries 20,993 932 Creditors and accruals 391 386 Bank and other borrowings 4,123 1,753 25,507 3,071 Total liabilities 28,608 28,227 Total equity and liabilities 74,341 72,772 Net current (liabilities)/assets (21,706) 1,924 Total assets less current liabilities 48,834 69,701 The statement of financial position of the Company was approved and authorised for issue by the Board of Directors on 15 April 2020 and are signed on its behalf by: Mr. Deng Renjie Mr. Bai Jingtao DIRECTOR DIRECTOR