Annual Report 2021

157 Notes to the Financial Statements Miramar Hotel and Investment Company, Limited Annual Report 2021 16 Cash and bank balances and other cash flow information (a) Cash and bank balances 2021 2020 HK$’000 HK$’000 Deposits with banks and other financial institutions 5,056,538 4,854,066 Cash at bank and in hand 191,314 196,234 5,247,852 5,050,300 Cash and bank balances at 31 December 2021 include HK$87,291,000 equivalent (2020: HK$69,738,000 equivalent) placed with banks in the PRC, the remittance of which are subject to relevant rules and regulations of foreign exchange control promulgated by the PRC government.