v3.3.1.900

Consolidated Statements of Operations HKD in Thousands	12 Months Ended
Consolidated Statements of Operations HKD in Thousands	Dec. 31, 2015 USD ($) $ / shares shares	Dec. 31, 2015 HKD HKD / shares shares	Dec. 31, 2014 USD ($) shares	Dec. 31, 2014 HKD HKD / shares shares
Operating revenues
Rental income	$ 137,000	HKD 1,070		HKD 1,053
Operating expenses
Rent and related expenses	(18,000)	(143)		(134)
Depreciation	(36,000)	(284)		(293)
Other selling and administrative expenses	(164,000)	(1,280)		(1,275)
Total operating expenses	(218,000)	(1,707)		(1,702)
Loss from operations	$ (81,000)	(637)		HKD (649)
Non-operating income (expenses)
Other income		1
Interest expenses	$ (20,000)	(159)		HKD (171)
Net non-operating expenses	(20,000)	(158)		(171)
Loss before income taxes	(101,000)	HKD (795)		HKD (820)
Provision for income taxes	0		$ 0
Net loss and total comprehensive loss	$ (101,000)	HKD (795)		HKD (820)
Loss per share of common stock (in cents) - Basic and diluted (in dollars per share) \| (per share)	$ (0.11)	HKD (0.88)		HKD (1.15)
Weighted average number of shares of common stock outstanding (in shares)	90,000,000	90,000,000	71,156,191	71,156,191

The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 28
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3602-108585

PHYSICAL PROPERTY HOLDINGS, INC. 10-K