Annual Report 2024

China Merchants China Direct Investments Limited Annual Report 2024 147 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) For the year ended 31 December 2024 26. RECONCILIATION OF LIABILITIES ARISING FROM FINANCING ACTIVITIES The table below details changes in the Group’s liabilities arising from financing activities, including both cash and non-cash changes. Liabilities arising from financing activities are those for which cash flows were, or future cash flows will be, classified in the Group’s consolidated statement of cash flows as cash flows from financing activities. Dividend payable US$ At 1 January 2023 — Dividend declared 10,663,311 Financing cash flow (10,663,311) At 31 December 2023 — At 1 January 2024 — Dividend declared 18,279,962 Financing cash flow (18,279,962) At 31 December 2024 —