Annual Report 2020

174 Notes to the Financial Statements Annual Report 2020 Miramar Hotel and Investment Company, Limited 27 Company-level statement of financial position 2020 2019 Note HK$’000 HK$’000 Non-current assets Property, plant and equipment 38,200 60,688 Interests in subsidiaries 11 3,334,993 2,502,188 3,373,193 2,562,876 Current assets Inventories 417 491 Trade and other receivables 12,085 17,930 Cash and bank balances 4,826,656 4,993,626 4,839,158 5,012,047 Current liabilities Trade and other payables (52,352) (50,916) Deposits received (789) (361) Lease liabilities (33,084) (54,373) (86,225) (105,650) Net current assets 4,752,933 4,906,397 Total assets less current liabilities 8,126,126 7,469,273 Non-current liability Amounts due to subsidiaries (226,012) (234,741) NET ASSETS 7,900,114 7,234,532 CAPITAL AND RESERVES 22(a) Share capital 2,227,024 2,227,024 Reserves 5,673,090 5,007,508 TOTAL EQUITY 7,900,114 7,234,532 Approved and authorised for issue by the board of directors on 18 March 2021. LEE KA SHING COLIN LAM KO YIN Chairman and CEO Director