Annual Report 2019

ANNUAL REPORT 2019 223 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS For the year ended 31 March 2019 20. INTERESTS IN JOINT VENTURES (continued) (a) Joint ventures (continued) Summarised financial information of material joint ventures (continued) (ii) (continued) The summarised financial information regarding the assets and liabilities of BC Group for the period from 28 February 2019 (date of acquisition) to 31 March 2019 was as follows: 2019 HK$’000 Current assets 338,519 Non-current assets 3,553,987 Current liabilities (114,458) Non-current liabilities (3,731,390) The above amounts of assets and (liabilities) include the following: Cash and cash equivalents 268,774 Loan receivables 3,488,280 Notes (3,685,180) Revenue 4,145 Expenses (9,285) Loss and total comprehensive expense for the period (5,140) Reconciliation of the above summarised financial information to the carrying amount of the interest in the joint venture recognised in the consolidated financial statements: 2019 HK$’000 Net assets of the joint venture 46,658 Proportion of the Group’s ownership interest in the joint venture 50.66% The Group’s share of net assets of the joint venture 23,637 Goodwill 142,336 Carrying amount of the Group’s interest in the joint venture 165,973 (iii) Aggregate information of joint ventures that are not individually material: 2019 2018 HK$’000 HK$’000 The Group’s share of profit after tax – – The Group’s share of total comprehensive income – – Aggregate carrying value of the Group’s interest in these joint ventures 280,266 215,742