Page 185 - Hong Kong Housing Society 香港房屋協會 - Annual Report 2018 年報

Notes to the Financial Statements 財務報表附註

25. Government contribution and assistance 25. 政府津貼及援助€ᚃ

(continued)
(a) Concessionary land premiums (continued) (a) 優惠批地價格€ᚃ
No concessionary land premium paid to the government ג܊՘ึ׵͉ϋʫԨӚϞΣ
during the year (2017: HK$481.9 million). At the end of the ִ݁˕˹Ꮄ౉ҭήᄆಛ€ɚ ཧ
reporting period, the carrying value of the lands acquired ɓɖϋj ̬ᄂɞɷɓϵɘ
through the above arrangement amounted to HK$1,963.6 ɤຬʩ f ׵జѓಂ͋d ஷཀ
million (2017: HK$1,976.9 million), which has been recognised ɪࠑτરᐏ੻ٙɺήٙሪࠦ
as investment properties or properties under development for ᄆ࠽މಥ࿆ɤɘᄂʬɷɧϵ
sale in the statement of financial position. ʬɤຬʩ€ ɚཧɓɖϋj ಥ࿆
ɤɘᄂɖɷʬϵɘɤຬʩfவԬ
ɺήʊЪމҳ༟يุאЪ̈ਯ͜
௄ٙ೯࢝ʕيุࠇɝৌਕًرڌf

(b) Loans from government (b) 政府貸款

The government has provided interest free loans to the ִ݁ʊఱՇࡈࠚਜʮ΍̈ॡג
Housing Society for the development of two rural public ܊೯࢝ධͦމג܊՘ึ౤Զೌ
housing estates. Details of the loans from the government are ࢹ൲ಛfִ݁൲ಛ༉ઋ̙Ԉڝ
set out in Note 21. ൗɚɤɓf

At the end of the reporting period, cumulative notional interest ׵జѓಂ͋dִ݁൲ಛٙଢ଼ࠇ
for the loans from the government is estimated at HK$145.4 Τ່лࢹПࠇ༺ಥ࿆ɓᄂ
million (2017: HK$143.2 million). Full market premium of the ̬ɷʞϵ̬ɤຬʩ€ɚཧɓɖ
lands where the two rural public housing estates were erected ϋjಥ࿆ɓᄂ̬ɷɧϵɚɤຬ
is estimated at HK$608.8 million (2017: HK$549.8 million). ʩfՇࡈࠚਜʮ΍̈ॡג܊೯
࢝ධͦהЦ͜ɺή̹ٙᄆПࠇ
༺ಥ࿆ʬᄂཧɞϵɞɤຬʩ€ɚ
ཧɓɖϋjಥ࿆ʞᄂ̬ɷɘϵ
ɞɤຬʩf

The full market premium is estimated based on the assumption ̹ᄆٙПࠇ݊৿ணɪࠑڝൗ
that restrictions imposed in the land grant under the special terms ɚɤʞ(a) הΐतйಂࠢձૢಛ
and conditions described in note 25(a) above are not applicable. ࿁ҭ̈ɺήٙࠢՓʔቇ͜f

26. Notes to statement of cash flows 26. 現金流量表附註

Changes in liabilities arising from financing activities 融資活動產生的負債變動 — 政府
— Loans from government 貸款

(in HK$Million) €ಥ࿆ϵຬʩ 2018 2017

At 1 April ̬˜ɓ˚ 46.7 50.2
Changes from financing cash flows ፄ༟ତږݴඎᜊਗ (3.6) (3.5)

At 31 March ɧ˜ɧɤɓ˚ 43.1 46.7

香港房屋協會2017/18年度年報 183