# 44. PARTLY-OWNED SUBSIDIARY WITH MATERIAL NON-CONTROLLING INTERESTS (CONTINUED)

Details of the Group’s subsidiaries that have material non-controlling interests are set out below: (Continued)

# (ii) Parkway

<table><tr><td></td><td>2021</td><td>2020</td></tr><tr><td>Percentage of equity interest held by non-controlling 
 interest of Parkway:</td><td>30%</td><td>30%</td></tr></table>

The following table illustrates the summarised financial information of Parkway. The amounts disclosed are before any inter-company eliminations:

<table><tr><td rowspan="2"></td><td>2021</td><td>2020</td></tr><tr><td>HK$’000</td><td>HK$’000</td></tr><tr><td>Total expenses for the year</td><td>(301)</td><td>(5,059)</td></tr><tr><td>Loss for the year</td><td>(301)</td><td>(3,732)</td></tr><tr><td>Total comprehensive loss for the year</td><td>(301)</td><td>(3,732)</td></tr><tr><td>Loss for the year allocated to non-controlling 
 interest of Parkway</td><td>(90)</td><td>(1,120)</td></tr><tr><td>Current assets</td><td>287</td><td>391</td></tr><tr><td>Non-current assets</td><td>–</td><td>171</td></tr><tr><td>Current liabilities</td><td>(2,266)</td><td>(2,356)</td></tr><tr><td>Non-current liabilities</td><td>(2,231)</td><td>(2,115)</td></tr><tr><td>Net liabilities</td><td>(4,210)</td><td>(3,909)</td></tr><tr><td>Accumulated loss of non-controlling interest of
 Parkway at the reporting date</td><td>(1,920)</td><td>(1,830)</td></tr><tr><td>Net cash flows generated from operating activities</td><td>83</td><td>41</td></tr><tr><td>Net increase in cash and cash equivalents</td><td>83</td><td>41</td></tr></table>

# 45. INTERESTS IN SUBSIDIARIES

Particulars of the subsidiaries as at 30 June 2021 and 2020 are as follows:

<table><tr><td>Name of subsidiary</td><td>Place of 
incorporation/
registration/
operations</td><td>Issued and 
fully paid 
share capital</td><td colspan="2">Percentage of 
ownership interest</td><td>Principal activities</td></tr><tr><td></td><td></td><td></td><td>2021</td><td>2020</td><td></td></tr><tr><td>New Smart International Creation 
 Limited</td><td>Hong Kong</td><td>HK$1</td><td>100%</td><td>100%</td><td>Production and 
 distribution of film</td></tr><tr><td>Champion Peak Corporation Limited</td><td>Hong Kong</td><td>HK$1</td><td>100%</td><td>100%</td><td>Production of film</td></tr><tr><td>China 3D Digital Products Limited</td><td>Hong Kong</td><td>HK$1</td><td>100%</td><td>100%</td><td>Production of film</td></tr><tr><td>Eastern Master Corporation Limited</td><td>Hong Kong</td><td>HK$1</td><td>100%</td><td>100%</td><td>Production of film</td></tr><tr><td>Fantastic Union Limited</td><td>Hong Kong</td><td>HK$1</td><td>100%</td><td>100%</td><td>Production of film</td></tr><tr><td>Good Lead Corporation Limited</td><td>Hong Kong</td><td>HK$1</td><td>100%</td><td>100%</td><td>Production of film</td></tr><tr><td>Good Time Investment Limited</td><td>Hong Kong</td><td>HK$1</td><td>100%</td><td>100%</td><td>Production of film</td></tr><tr><td>Joyful Excellence Limited</td><td>Hong Kong</td><td>HK$1</td><td>100%</td><td>100%</td><td>Production of film</td></tr><tr><td>Go Up Zone Limited</td><td>Hong Kong</td><td>HK$1</td><td>100%</td><td>100%</td><td>Production of film</td></tr><tr><td>New Modern Corporation Limited</td><td>Hong Kong</td><td>HK$1</td><td>100%</td><td>100%</td><td>Production of film</td></tr><tr><td>New Noble Corporation Limited</td><td>Hong Kong</td><td>HK$1</td><td>100%</td><td>100%</td><td>Production of film</td></tr><tr><td>New Pioneer Corporation Limited</td><td>Hong Kong</td><td>HK$1</td><td>100%</td><td>100%</td><td>Production of film</td></tr><tr><td>Cream Digital Limited</td><td>Hong Kong</td><td>HK$1</td><td>100%</td><td>100%</td><td>Production of film</td></tr><tr><td>Source Hunter Corporation Limited</td><td>Hong Kong</td><td>HK$1</td><td>100%</td><td>100%</td><td>Production of film</td></tr><tr><td>China 3D Digital Distribution Limited</td><td>Hong Kong</td><td>HK$1</td><td>100%</td><td>100%</td><td>Distribution of films</td></tr><tr><td>Red Rich Investment Limited</td><td>Hong Kong</td><td>HK$1</td><td>100%</td><td>100%</td><td>Distribution of films</td></tr><tr><td>Smooth Success Development 
 Limited</td><td>Hong Kong</td><td>HK$1</td><td>100%</td><td>100%</td><td>Distribution of films</td></tr></table>