Annual Report 2022

171 2022 Annual Report Transport International Holdings Limited CONSOLIDATED STATEMENT OF FINANCIAL POSITION At 31 December 2022 (Expressed in Hong Kong dollars) 2022 2021 Note $’000 $’000 Non-current liabilities Bank loans 24 3,292,961 2,138,517 Lease liabilities 27 3,231 3,306 Deferred tax liabilities 28(b) 1,014,786 1,187,522 Contingency provision – insurance 26 148,453 177,590 Provision for long service payments 29 1,501 919 4,460,932 3,507,854 NET ASSETS 13,377,921 13,678,728 CAPITAL AND RESERVES Share capital 30(b) 474,940 465,469 Reserves 12,902,981 13,213,259 TOTAL EQUITY 13,377,921 13,678,728 Approved and authorised for issue by the Board of Directors on 23 March 2023 Norman LEUNG Nai Pang Chairman Roger LEE Chak Cheong Managing Director The notes on pages 175 to 239 form part of these financial statements.