Annual Report 2023

Notes to the Consolidated Financial Statements For the year ended 31 December 2023 202 CHINA MERCHANTS PORT HOLDINGS COMPANY LIMITED 43. STATEMENT OF FINANCIAL POSITION AND RESERVES OF THE COMPANY 2023 2022 HK$’million HK$’million ASSETS Non-current assets Property, plant and equipment 359 373 Interests in subsidiaries 79,628 82,561 Interests in associates 632 632 Prepayment 6 6 80,625 83,572 Current assets Debtors, deposits and prepayments 23 16 Advances to subsidiaries 403 783 Advances to associates 42 42 Cash and bank balances 4,134 1,696 4,602 2,537 Total assets 85,227 86,109 EQUITY Capital and reserves attributable to equity holders of the Company Share capital 48,731 46,668 Reserves (Note) 3,567 3,425 Proposed dividend (Note) 2,015 2,402 Total equity 54,313 52,495 LIABILITIES Non-current liability Bank and other borrowings 6,241 3,362 Current liabilities Advances from subsidiaries 10,107 23,462 Creditors and accruals 351 291 Bank and other borrowings 14,215 6,499 24,673 30,252 Total liabilities 30,914 33,614 Total equity and liabilities 85,227 86,109 Net current liabilities (20,071) (27,715) Total assets less current liabilities 60,554 55,857 The statement of financial position of the Company was approved and authorised for issue by the Board of Directors on 28 March 2024 and are signed on its behalf by: Mr. Feng Boming Mr. Xu Song DIRECTOR DIRECTOR