Annual Report 2024

China Merchants China Direct Investments Limited Annual Report 2024 145 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) For the year ended 31 December 2024 22. STATEMENT OF FINANCIAL POSITION OF THE COMPANY 2024 2023 Notes US$ US$ Non-current assets Investments in subsidiaries 44,739,496 44,840,372 Financial assets at fair value through profit or loss 69,268,678 71,177,705 Amounts due from subsidiaries 58,101,455 58,101,455 172,109,629 174,119,532 Current assets Amounts due from subsidiaries 108,712,043 92,063,802 Other receivables and prepayments 194,041 114,834 Cash and cash equivalents 15,369,515 3,680,753 124,275,599 95,859,389 Current liabilities Amounts due to subsidiaries 19,294,153 18,131,117 Other payables 7,478,731 5,904,332 Taxation payable 3,226,083 2,230,508 29,998,967 26,265,957 Net current assets 94,276,632 69,593,432 Total assets less current liabilities 266,386,261 243,712,964 Non-current liabilities Financial liabilities designated at fair value through profit or loss 1,153,126 1,067,166 Deferred taxation 5,396,994 5,587,897 6,550,120 6,655,063 Net assets 259,836,141 237,057,901 Capital and reserves Share capital 23 139,348,785 139,348,785 Reserves 24 120,487,356 97,709,116 Equity attributable to owners of the Company 259,836,141 237,057,901 Mr. WANG Xiaoding Ms. KAN Ka Yee, Elizabeth Director Director