Annual Report 2023

Notes to the Consolidated Financial Statements For the year ended 31 December 2023 136 CHINA MERCHANTS PORT HOLDINGS COMPANY LIMITED 5. SEGMENT INFORMATION (CONTINUED) For the purposes of monitoring segment performances and allocating resources between segments, all assets other than taxation recoverable and deferred tax assets are allocated to reporting segments, and all liabilities other than taxation payable and deferred tax liabilities are allocated to reporting segments. An analysis of the Group’s assets and liabilities by segments is as follows: As at 31 December 2023 Ports operation Bonded logistics operation Other investments Corporate function Total Mainland China, Hong Kong and Taiwan Other locations Sub-total Pearl River Delta Yangtze River Delta Bohai Rim Others HK$’million HK$’million HK$’million HK$’million HK$’million HK$’million HK$’million HK$’million HK$’million HK$’million ASSETS Segment assets (excluding interests in associates and joint ventures) 16,725 1,810 1,022 10,266 32,977 62,800 3,244 8,547 9,165 83,756 Interests in associates 3,865 41,774 4,864 2,983 9,255 62,741 579 16,541 — 79,861 Interests in joint ventures 8 — 2,812 313 4,639 7,772 341 214 — 8,327 Total segment assets 20,598 43,584 8,698 13,562 46,871 133,313 4,164 25,302 9,165 171,944 Tax recoverable 6 Deferred tax assets 364 Total assets 172,314 LIABILITIES Segment liabilities 2,577 — 19 1,648 6,427 10,671 593 490 34,366 46,120 Taxation payable 820 Deferred tax liabilities 4,529 Total liabilities 51,469