Annual Report 2024

192 2024 Annual Report Transport International Holdings Limited CONSOLIDATED STATEMENT OF FINANCIAL POSITION At 31 December 2024 (Expressed in Hong Kong dollars) 2024 2023 Note $’000 $’000 Non-current assets Investment properties 14 5,361,800 5,406,500 Investment property under development 14 2,911,500 2,805,000 Interest in leasehold land 13(a) 44,551 46,531 Other property, plant and equipment 13(a) 7,361,575 7,780,661 15,679,426 16,038,692 Intangible assets 15 529,090 529,090 Goodwill 16 84,051 84,051 Interest in associates 18 569,660 609,147 Interest in joint venture 19 747,792 748,560 Other financial assets 20 1,354,446 1,267,029 Employee benefit assets 21(a) 1,755,757 1,609,273 Deferred tax assets 29(b) 763 2,028 20,720,985 20,887,870 Current assets Spare parts 106,135 109,694 Accounts receivable 23 998,479 1,025,064 Other financial assets 20 108,190 463,722 Deposits and prepayments 44,895 43,530 Current tax recoverable 29(a) 836 1,915 Restricted bank deposits 24(a) 375,520 447,551 Bank deposits and cash 24(a) 1,554,434 1,207,743 3,188,489 3,299,219 Current liabilities Accounts payable and accruals 26 1,576,416 1,804,116 Contingency provision – insurance 27 91,919 91,823 Bank loans 25 842,500 1,262,075 Lease liabilities 28 3,542 3,589 Current tax payable 29(a) 4,163 7,366 2,518,540 3,168,969 Net current assets 669,949 130,250 Total assets less current liabilities 21,390,934 21,018,120