Annual Report 2022

170 Transport International Holdings Limited 2022 Annual Report CONSOLIDATED STATEMENT OF FINANCIAL POSITION At 31 December 2022 (Expressed in Hong Kong dollars) 2022 2021 Note $’000 $’000 Non-current assets Investment properties 13(a) 89,849 95,400 Investment property under development 13(a) 4,465,199 3,844,604 Interest in leasehold land 13(a) 48,511 50,491 Other property, plant and equipment 13(a) 7,779,247 7,985,606 12,382,806 11,976,101 Intangible assets 14 529,090 419,729 Goodwill 15 84,051 84,051 Interest in associates 17 599,796 681,749 Interest in joint venture 18 751,187 750,799 Other financial assets 19 1,716,285 1,353,662 Employee benefit assets 20(a) 1,540,991 1,959,462 Deferred tax assets 28(b) 730 528 17,604,936 17,226,081 Current assets Spare parts 95,503 103,421 Accounts receivable 22 957,169 605,137 Other financial assets 19 215,977 741,095 Deposits and prepayments 32,057 26,924 Current tax recoverable 28(a) 2,551 5,857 Restricted bank deposits 23(a) 442,891 411,749 Bank deposits and cash 23(a) 1,799,592 825,787 3,545,740 2,719,970 Current liabilities Accounts payable and accruals 25 1,531,101 1,665,467 Contingency provision – insurance 26 88,592 93,800 Bank loans 24 1,674,567 994,032 Lease liabilities 27 4,082 3,513 Current tax payable 28(a) 13,481 2,657 3,311,823 2,759,469 Net current assets/(liabilities) 233,917 (39,499) Total assets less current liabilities 17,838,853 17,186,582