Below are the financial statements of Kerry Properties, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
All figures in millions of HKD | 2024 | 2023 |
---|---|---|
Non-current assets | — | — |
Property, plant and equipment | 4,540a | 4,323a |
Investment properties | 84,273a | 76,965a |
Right-of-use assets | 1,633a | 1,680a |
Properties under development and land deposits | 25,113a | 39,223a |
Associates and joint ventures | 25,450a | 24,823a |
Derivative financial instruments | 487a | 582a |
Financial assets at fair value through other comprehensive income | 845a | 758a |
Financial assets at fair value through profit or loss | 620a | 651a |
Mortgage loans receivable | 897a | 899a |
Intangible assets | 123a | 123a |
Current assets | — | — |
Properties under development | 25,239a | 23,436a |
Completed properties held for sale | 18,241a | 18,624a |
Accounts receivable, prepayments and deposits | 2,214a | 1,787a |
Current portion of mortgage loans receivable | 134a | 193a |
Tax recoverable | 326a | 326a |
Tax reserve certificates | 0a | 189a |
Derivative financial instruments | 6a | 6a |
Restricted bank deposits | 228a | 305a |
Cash and bank balances | 10,979a | 13,540a |
Current liabilities | — | — |
Accounts payable, deposits received and accrued charges | 7,499a | 7,508a |
Contract liabilities | 3,466a | 8,955a |
Current portion of lease liabilities | 40a | 44a |
Taxation | 1,601a | 2,589a |
Short-term bank loans and current portion of long-term bank loans | 9,700a | 6,636a |
Derivative financial instruments | 129a | 114a |
Assets and liabilities | — | — |
Net current assets | 34,932a | 32,560a |
Total assets less current liabilities | 178,913a | 182,587a |
Non-current liabilities | — | — |
Long-term bank loans | 49,881a | 48,495a |
Amounts due to non-controlling interests | 1,838a | 2,237a |
Lease liabilities | 1a | 41a |
Derivative financial instruments | 293a | 279a |
Deferred taxation | 10,253a | 10,378a |
Assets less liabilities | 116,647a | 121,157a |
Share capital | 1,451a | 1,451a |
Shares held for share award scheme | -50a | -50a |
Share premium | 13,133a | 13,105a |
Other reserves | 957a | 3,982a |
Retained profits | 87,820a | 88,769a |
Equity | — | — |
Capital and reserves attributable to the Company’s shareholders | 103,311a | 107,257a |
Non-controlling interests | 13,336a | 13,900a |
Total equity | 116,647a | 121,157a |
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