LEASE

6 Months Ended

9 Months Ended

Jun. 30, 2022

Sep. 30, 2022

LEASE

LEASE

5.   LEASE

The following table presents balances reported in the consolidated balance sheets related to the Group’s leases:

	As of December 31,	As of June 30,
	2021	2022
	(HK$ in thousands)
Operating lease right-of-use assets	243,859	212,529
Operating lease liabilities	260,579	227,745

The following table presents operating lease expense reported in the consolidated statements of comprehensive income related to the Group’s leases:

	Six months ended June 30,
	2021	2022
	(HK$ in thousands)
Operating lease expense	47,543	57,682

The following table reconciles the undiscounted cash flows of the Group’s leases as of December 31, 2021 and June 30, 2022 to the present value of its operating lease payments:

	As of December 31,	As of June 30,
	2021	2022
	(HK$ in thousands)
2022	102,767	54,101
2023	96,326	100,453
2024	38,306	42,159
2025	30,688	33,622
2026 and thereafter	7,455	14,403
Total undiscounted operating lease payments	275,542	244,738
Less: imputed interest	(14,963)	(16,993)
Present value of operating lease liabilities	260,579	227,745

5.   LEASE

The following table presents balances reported in the consolidated balance sheets related to the Group’s leases:

	As of December 31,	As of September 30,
	2021	2022
	(HK$ in thousands)
Operating lease right-of-use assets	243,859	200,030
Operating lease liabilities	260,579	213,276

The following table presents operating lease expense reported in the consolidated statements of comprehensive income related to the Group’s leases:

	Nine months ended September 30,
	2021	2022
	(HK$ in thousands)
Operating lease expense	77,400	87,503

The following table reconciles the undiscounted cash flows of the Group’s leases as of December 31, 2021 and September 30, 2022 to the present value of its operating lease payments:

	As of December 31,	As of September 30,
	2021	2022
	(HK$ in thousands)
2022	102,767	29,078
2023	96,326	101,988
2024	38,306	47,020
2025	30,688	37,146
2026 and thereafter	7,455	15,908
Total undiscounted operating lease payments	275,542	231,140
Less: imputed interest	(14,963)	(17,864)
Present value of operating lease liabilities	260,579	213,276