INTERIM REPOR T 2016/2017 ‌‌‌‌‌‌‌‌‌‌‌‌‌

Contents

2

Financial Highlights

3

Chairman's Statement

4

Executive Vice-chairman's Report

14

Condensed Consolidated

Income Statement - Unaudited

15

Condensed Consolidated Statement of Comprehensive Income - Unaudited

16

Condensed Consolidated Statement of Financial Position - Unaudited

18

Condensed Consolidated Statement of Changes in Equity - Unaudited

20

Condensed Consolidated Statement of Cash Flows - Unaudited

21

Notes to Condensed Accounts

37

Liquidity and Capital Resources

39

Other Information

52

Corporate Information

www.nwd.com.hk

Financial Highlights

Financial Highlights Unaudited For the six months ended 31 December 2016 2015 HK$m HK$m

Revenues

26,639.4

33,778.2

Total segment results, including share of results of joint ventures

and associated companies(1)

7,742.2

7,422.3

Other gains/(losses), net

637.9

(163.5)

Changes in fair value of investment properties

346.0

36.7

Profit attributable to shareholders of the Company

4,335.7

3,300.0

Underlying profit

5,001.3

3,281.4

As at 31 December 2016

As at 30 June

2016

HK$m HK$m

Cash and bank balances

68,206.3

55,170.8

Net debt(2)

73,050.2

77,048.8

Total equity

212,474.3

200,895.3

Gearing ratio(3)

34.4%

38.4%

  1. Excluding changes in fair value of investment properties (net of taxation) of joint ventures and associated companies

  2. The aggregate of bank loans, other loans, fixed rate bonds and notes payable less cash and bank balances

  3. Net debt divided by total equity

2 New World Development Company Limited

New World Development Co. Ltd. published this content on 06 March 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 10 March 2017 09:23:15 UTC.

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