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Chapter 7 Financial Results
Financial Statements Statement of Financial Position

as at 31 March 2019
(Expressed in thousands of Hong Kong dollars)

Description Note 2019 2018
Non-current assets
Property, plant and equipment 8 133,254 134,783
Intangible assets 9 3,432 1,562
Placement with the Exchange Fund 10 510,322 487,880
647,008 624,225
Current assets
Trade and other receivables 11,12(a) 120,191 3,445
Interest receivable from placement with the Exchange Fund 3,649 5,534
Other interest receivable  3,640 711
Bank deposits 520,900 713,500
Cash and bank balances 5,432 3,218
653,812 726,408
Current liabilities
Trade and other payables 21,062 17,832
Provision for employee benefits 13 12,739 9,324
Amounts due to related parties 19 31,960 29,525
Deferred income 12(b) 114,699 203,097
180,460 259,778
Net current assets 473,352 466,630
Total assets less current liabilities 1,120,360 1,090,855
Non-current liabilities
Provision for employee benefits 13 86,217 87,517
NET ASSETS 1,034,143 1,003,338
CAPITAL AND RESERVES
Trading fund capital 14 212,400 212,400
Development reserve 15 690,165 690,165
Retained earnings 16 131,578 100,773
1,034,143 1,003,338

DG's signature
Chaucer Leung
General Manager,
Office of the Communications Authority Trading Fund
24 September 2019
The notes form part of these financial statements.