Annual Report 2023

157 ANNUAL REPORT 2023 20. INTERESTS IN ASSOCIATES (CONTINUED) (b) Aggregate of other associates that are not individually material 2023 2022 HK$’million HK$’million The Group’s share of: Profit for the year 1,030 2,231 Other comprehensive income/(expense) 1,266 (414) Total comprehensive income 2,296 1,817 Aggregate carrying amount of the Group’s interests in these associates 38,087 36,667 21. INTERESTS IN JOINT VENTURES 2023 2022 HK$’million HK$’million Share of net assets of joint ventures 8,327 9,319 Particulars of the Group’s principal joint ventures at 31 December 2023 are set out in note 42. As at 31 December 2023 and 2022, in the opinion of the directors of the Company, the Group has no individually material joint venture and no financial information of individually material joint venture is disclosed. All of the Group’s joint ventures are accounted for using equity method in the consolidated financial statements. Summarised financial information in respect of the aggregate of the Group’s joint ventures, each of which is not individually material, is set out below: 2023 2022 HK$’million HK$’million The Group’s share of: Profit for the year 377 317 Other comprehensive (expense)/income (969) 204 Total comprehensive (expense)/income (592) 521