Consolidated Profit And Loss Account Page 30
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48NOTES TO THE ACCOUNTS
14. LONG-TERM INVESTMENTS
Group
2005
2004
HK$ Million
HK$ Million
Non-trading equity securities, at market value
Listed in Hong Kong
68.8
122.6
Listed outside Hong Kong
1,352.8
981.8
1,421.6
1,104.4
Unlisted investments
66.4
62.1
1,488.0
1,166.5
15. DEFERRED DEBTORS
Deferred debtors represent receivables due after more than one year.
16. PROPERTIES UNDER DEVELOPMENT FOR SALE AND PROPERTIES HELD FOR SALE
a)
The amounts of properties under development for sale and properties held for sale carried at net
realisable value is HK$661.3 million (2004: HK$4,204.6 million).
b)
Properties under development for sale with a carrying value of HK$2,284.2 million (2004: HK$1,827.1
million) are pledged as security for banking facilities made available to the Group.
17. SHORT-TERM INVESTMENTS
Group
2005
2004
HK$ Million
HK$ Million
Unlisted investments
–
79.8
62
Wheelock and Company Limited Annual Report 2004/05
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