Annual Report 2024

193 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 liabilities Bank loans 25 3,368,433 3,377,539 Lease liabilities 28 3,760 1,954 Deferred tax liabilities 29(b) 1,065,950 1,010,093 Contingency provision – insurance 27 146,151 142,455 Provision for long service payments 30 97,308 80,492 4,681,602 4,612,533 NET ASSETS 16,709,332 16,405,587 CAPITAL AND RESERVES Share capital 31(b) 508,901 494,343 Reserves 16,200,431 15,911,244 TOTAL EQUITY 16,709,332 16,405,587 Approved and authorised for issue by the Board of Directors on 20 March 2025 Norman LEUNG Nai Pang Chairman Roger LEE Chak Cheong Managing Director The notes on pages 198 to 266 form part of these consolidated financial statements.