Annual Report 2019

175 Miramar Hotel and Investment Company, Limited Annual Report 2019 Notes to the Financial Statements 28 Company-level statement of financial position Note 2019 2018 HK$’000 HK$’000 Non-current assets Property, plant and equipment 60,688 4,912 Interests in subsidiaries 11 2,502,188 2,824,077 2,562,876 2,828,989 Current assets Inventories 491 501 Trade and other receivables 17,930 18,826 Cash and bank balances 4,993,626 4,502,621 5,012,047 4,521,948 Current liabilities Trade and other payables (50,916) (50,196) Deposits received (361) (360) Lease liabilities (54,373) – (105,650) (50,556) Net current assets 4,906,397 4,471,392 Total assets less current liabilities 7,469,273 7,300,381 Non-current liability Amounts due to subsidiaries (234,741) (2,218,152) NET ASSETS 7,234,532 5,082,229 CAPITAL AND RESERVES 23(a) Share capital 2,227,024 2,227,024 Reserves 5,007,508 2,855,205 TOTAL EQUITY 7,234,532 5,082,229 Approved and authorised for issue by the board of directors on 20 March 2020. LEE KA SHING COLIN LAM KO YIN Chairman and CEO Director