Annual Report 2023

168 2023 Annual Report Transport International Holdings Limited FINANCIAL REPORTS Contents 25 Bank Loans 26 Accounts Payable and Accruals 27 Contingency Provision – Insurance 28 Lease Liabilities 29 Income Tax in the Consolidated Statement of Financial Position 30 Provision for Long Service Payments 31 Capital and Reserves 32 Commitments 33 Financial Risk Management and Fair Values of Financial Instruments 34 Contingent Liabilities 35 Material Related Party Transactions 36 Company-level Statement of Financial Position 37 Non-adjusting Event after the Reporting Period 38 Possible Impact of Amendments, New Standards and Interpretations Issued but not yet Effective for the Year Ended 31 December 2023 255 255 256 256 257 258 260 263 264 270 270 273 274 274 Directors’ Report Independent Auditor’s Report Consolidated Statement of Profit or Loss Consolidated Statement of Profit or Loss and Other Comprehensive Income Consolidated Statement of Financial Position Consolidated Statement of Changes in Equity Consolidated Cash Flow Statement Notes to the Financial Statements 1 Material Accounting Policies 2 Accounting Judgements and Estimates 3 Revenue 4 Other Income 5 Profit before Taxation 6 Income Tax in the Consolidated Statement of Profit or Loss 7 Directors’ Emoluments 8 Individuals with Highest Emoluments 9 Other Comprehensive Income 10 Earnings per Share 11 Dividends 12 Segment Reporting 13 Interest in Leasehold Land and Other Property, Plant and Equipment 14 Investment Properties and Investment Property under Development 15 Intangible Assets 16 Goodwill 17 Interest in Subsidiaries 18 Interest in Associates 19 Interest in Joint Venture 20 Other Financial Assets 21 Employee Retirement Benefits 22 Equity-settled Share-based Transactions 23 Accounts Receivable 24 Bank Deposits and Cash 169 182 190 191 192 194 196 198 198 220 221 221 222 224 225 227 227 228 228 229 232 235 238 239 240 242 244 245 245 249 251 252