URA

136 (expressed in Hong Kong Dollars) NOTES TO THE FINANCIAL STATEMENTS 25. Statement of Financial Position of the Authority In accordance with the disclosure requirements of the Hong Kong Companies Ordinance, the statement of financial position of the Authority as at 31 March 2018 is set out as follows: Note 2018 2017 $’000 $’000 Non-current assets Property, plant and equipment 2,503,696 2,483,787 Properties under development 23,774,350 15,782,466 Interest in subsidiaries (a) – 3,612 Loan to a subsidiary 14,600 – Building rehabilitation loans 10,908 14,301 Prepayments 801,845 256,994 Other receivables 2,052,144 728,280 Investments 2,761,306 1,434,417 31,918,849 20,703,857 Current assets Properties held for sale 852,202 926,217 Amounts due from joint development projects 67,789 66,462 Building rehabilitation loans 7,389 10,031 Trade and other receivables 201,155 162,403 Investments 2,224,505 1,056,455 Cash and bank balances 16,233,095 17,247,098 19,586,135 19,468,666 Total assets 51,504,984 40,172,523 Capital and reserves Capital 10,000,000 10,000,000 Accumulated surplus 34,641,893 22,603,997 (b) 44,641,893 32,603,997 Non-current liabilities Trade and other payables 676,000 942,200 Debt securities issued 2,790,706 2,788,075 3,466,706 3,730,275 Current liabilities Amounts due to joint development projects 436,973 125,646 Trade and other payables 2,959,412 3,177,731 Debt securities issued – 499,874 Provision for a committed project – 35,000 3,396,385 3,838,251 Total capital, reserves and liabilities 51,504,984 40,172,523