Annual Financial Review slide image

Annual Financial Review

AUDITED CONSOLIDATED STATEMENT OF FINANCIAL POSITION OF HKT TRUST AND OF HKT LIMITED As at December 31, 2021 (In HK$ million) As at December 31, As at December 31, Note 2020 2021 ASSETS AND LIABILITIES Non-current assets Property, plant and equipment 24,019 25,198 Right-of-use assets Interests in leasehold land Goodwill Intangible assets Fulfillment costs Customer acquisition costs Contract assets 2,430 2,139 202 189 49,816 49,809 11,408 15,617 1,418 1,512 670 858 354 300 Interests in associates 211 360 Interests in joint ventures 602 555 Financial assets at fair value through other comprehensive income 124 124 Financial assets at fair value through profit or loss 49 38 Derivative financial instruments 214 131 Deferred income tax assets 841 758 Other non-current assets 1,076 889 93,434 98,477 Current assets Inventories 820 1,218 Prepayments, deposits and other current assets 2,209 2,141 Contract assets 657 699 Trade receivables, net 3,253 3,953 Amounts due from related companies 40 31 Financial assets at fair value through profit or loss 16 15 Tax recoverable 5 8 Restricted cash 107 187 Short-term deposits 538 472 Cash and cash equivalents 2,092 2,411 9,737 11,135 19
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