Annual Report 2021

163 2021 Annual Report Transport International Holdings Limited CONSOLIDATED STATEMENT OF FINANCIAL POSITION At 31 December 2021 (Expressed in Hong Kong dollars) 2021 2020 Note $’000 $’000 Non-current liabilities Bank loans 24 2,138,517 1,684,266 Lease liabilities 27 3,306 1,865 Deferred tax liabilities 28(b) 1,187,522 1,123,423 Contingency provision – insurance 26 177,590 217,716 Provision for long service payments 29 919 1,049 3,507,854 3,028,319 NET ASSETS 13,678,728 13,186,312 CAPITAL AND RESERVES Share capital 30(b) 465,469 457,821 Reserves 13,213,259 12,728,491 TOTAL EQUITY 13,678,728 13,186,312 Approved and authorised for issue by the Board of Directors on 17 March 2022 Norman LEUNG Nai Pang Chairman Roger LEE Chak Cheong Managing Director The notes on pages 167 to 235 form part of these financial statements.