Cathay Pacific 2015 Annual Report Download - page 98

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Cathay Pacific Airways Limited
96
31. Company-level statement of financial position
Note
2015
HK$M
2014
HK$M
2015
US$M
2014
US$M
ASSETS AND LIABILITIES
Non-current assets and liabilities
Property, plant and equipment 79,154 77,208 10,148 9,899
Intangible assets 2,931 2,631 376 337
Investments in subsidiaries 34,329 36,436 4,401 4,671
Investments in associates 10,802 10,726 1,385 1,375
Other long-term receivables and investments 3,335 4,655 427 597
130,551 131,656 16,737 16,879
Long-term liabilities (48,279) (53,474) (6,190) (6,856)
Related pledged security deposits –499 –64
Net long-term liabilities (48,279) (52,975) (6,190) (6,792)
Other long-term payables (14,972) (9,725) (1,919) (1,247)
Deferred tax liabilities (7,929) (8,498) (1,017) (1,089)
(71,180) (71,198) (9,126) (9,128)
Net non-current assets 59,371 60,458 7,611 7,751
Current assets and liabilities
Stock 1,141 1,379 146 177
Trade, other receivables and other assets 8,989 9,599 1,152 1,231
Assets held for sale 1,493 189 192 24
Liquid funds 14,985 11,357 1,921 1,456
26,608 22,524 3,411 2,888
Current portion of long-term liabilities (13,006) (9,089) (1,667) (1,165)
Related pledged security deposits 544 21 70 3
Net current portion of long-term liabilities (12,462) (9,068) (1,597) (1,162)
Trade and other payables (20,272) (19,490) (2,599) (2,499)
Unearned transportation revenue (12,619) (11,577) (1,618) (1,484)
Taxation (446) (160) (57) (21)
(45,799) (40,295) (5,871) (5,166)
Net current liabilities (19,191) (17,771) (2,460) (2,278)
Total assets less current liabilities 111,360 113,885 14,277 14,601
Net assets 40,180 42,687 5,151 5,473
CAPITAL AND RESERVES
Share capital and other statutory capital reserves 20 17,106 17,106 2,193 2,193
Other reserves 21 23,074 25,581 2,958 3,280
Total equity 40,180 42,687 5,151 5,473
The financial statements are prepared and presented in HK$, the functional currency. The US$ figures are shown only as supplementary
information and are translated at HK$7.8.
The notes on pages 58 to 99 and the principal accounting policies on pages 100 to 105 form part of these financial statements.
John Slosar Irene Lee
Director Director
Hong Kong, 9th March 2016
Notes to the Financial Statements Supplementary Information