Page 175 - Hang Lung Group 2012 Annual Report

11 FIXED ASSETS – GROUP (Continued)
An analysis of net book value of properties is as follows:
(a) The investment properties and investment properties under
development of the Group were revalued as at December 31,
2012 by Mr. Charles C.K. Chan, Registered Professional Surveyor
(General Practice), of Savills Valuation and Professional Services
Limited, on a market value basis.
The net book value of investment properties of the Group includes
an amount of $Nil (2011: $5,985 million) in respect of an asset
held under a finance lease.
The net book value of other fixed assets of the Group included
long leases of $9 million (2011: $9 million) in respect of land
and building held in Hong Kong, medium term leases of $8
million (2011: $8 million) and long leases of $35 million (2011:
$32 million) in respect of land and buildings held outside Hong
Kong respectively.
Property leasing revenue includes gross rental income from
investment properties of $6,711 million (P.E. 12/2011: $3,168
million; Y.E. 12/2011: $6,093 million).
11 固定資產 — 集團（續）
物業之賬面淨值分析如下：
投資物業
Investment properties
發展中投資物業
Investment properties
under development
以港幣百萬元計算 in HK$ million 2012 2011 2012 2011
香港長期地契 Long leases in Hong Kong 34,440 34,417 – –
香港境外長期地契 Long leases outside Hong Kong 1,282 1,238 797 760
香港中期地契 Medium term leases in Hong Kong 20,464 22,135 – –
香港境外中期地契 Medium term leases outside Hong Kong 49,916 44,040 23,685 22,853
香港短期地契 Short lease in Hong Kong – 3 – –
106,102 101,833 24,482 23,613
(a) 本集團之投資物業及發展中投資物業
均於二零一二年十二月三十一日由第
一太平戴維斯估值及專業顧問有限公
司之註冊專業測量師（產業測量）陳超
國先生按市場價值基準進行估值。
本集團投資物業之賬面淨值內包括根
據融資租約持有之資產，其賬面淨值
為零（二零一一年：五十九億八千五
百萬元）。
本集團其他固定資產之賬面淨值包括
位於香港以長期地契持有之土地及建
築物九百萬元（二零一一年：九百萬
元）以及香港境外以中期地契持有之土
地及建築物八百萬元（二零一一年：八
百萬元）及以長期地契持有之土地及建
築物三千五百萬元（二零一一年：三千
二百萬元）。
物業租賃收益包括投資物業之租金收入
總額六十七億一千一百萬元（二零一一
期間：三十一億六千八百萬元；二零一
一年度：六十億九千三百萬元）。
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