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LEASE (Tables)
12 Months Ended
Dec. 31, 2019
LEASE  
Summary of balances reported in the consolidated balance sheet related to the leases

 

 

 

 

    

As at December 31, 2019

 

 

(HK$ in thousands)

 

 

 

Operating lease right-of-use assets

 

161,617

Operating lease liabilities

 

172,466

 

Summary of operating lease cost reported in the consolidated statements of comprehensive (loss)/income

 

 

 

 

    

Year ended

 

 

December 31, 2019

 

 

(HK$ in thousands)

 

 

 

Operating lease cost

 

64,756

 

Summary of undiscounted cash flows of leases to present value of operating lease payments

 

 

 

 

    

December 31, 2019

 

 

(HK$ in thousands)

 

 

 

2020

 

56,714

2021

 

46,968

2022

 

44,354

2023

 

40,346

Thereafter

 

 —

Total undiscounted operating lease payments

 

188,382

Less: imputed interest

 

(15,916)

Present value of operating lease liabilities

 

172,466

 

Summary of minimum annual lease commitments in accordance with ASC Topic 840

 

 

 

 

    

December 31, 2018

 

 

(HK$ in thousands)

 

 

 

2019

 

54,417

2020

 

56,705

2021

 

42,090

2022

 

46,232

2023

 

42,701

Thereafter

 

 —

 

 

242,145