Investor Presentaiton
HKAS 1.51(a)
HKAS 1.49
HKFRS 16.52
(c)
HKFRS 16.53(j), 59(a).
HK Listco Ltd
Financial statements for the year ended 31 December 2023
Right-of-use assets
The analysis of the net book value of right-of-use assets by class of underlying asset is as follows:
Ownership interests in leasehold land and buildings held for
-
own use, carried at fair value in Hong Kong, with remaining
lease term 174 of:
50 years or more
-
between 10 and 50 years
Notes
2023
$'000
2022
$'000
65,610
48,740
21,940
8,908
87,550
57,648
Other properties leased for own use, carried at depreciated
cost
(ii)
45,411
43,687
Plant, machinery and equipment, carried at depreciated cost
(iii)
23,472
24,727
156,433
126,062
Ownership interests in leasehold investment property, carried
at fair value, with remaining lease term 174 of:
-
50 years or more
between 10 and 50 years
52,950
40,190
32,000
26,500
84,950
66,690
241,383
192,752
174 For the purposes of meeting the disclosure requirements of paragraph 59(a) of HKFRS 16, a lessee is required to provide
information that helps users of financial statements to assess the nature of the lessee's leasing activities. In this regard, it would
be informative to analyse the carrying value of significant ownership interests in leasehold land and buildings by indicating the
remaining lease term as illustrated here.
109
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