Annual Report 2024

266 2024 Annual Report Transport International Holdings Limited NOTES TO THE FINANCIAL STATEMENTS (Expressed in Hong Kong dollars unless otherwise indicated) 37 Non-adjusting event after the reporting period Proposal of a final dividend After the end of the reporting period, the Directors proposed a final dividend for the year. Further details are disclosed in note 11(a) to the consolidated financial statements. 38 Possible impact of amendments, new standards and interpretations issued but not yet effective for the year ended 31 December 2024 Up to the date of issue of these consolidated financial statements, the HKICPA has issued a number of new or amended standards, which are not yet effective for the year ended 31 December 2024 and which have not been adopted in these consolidated financial statements. These developments include the following which may be relevant to the Group. Effective for accounting periods beginning on or after Amendments to HKAS 21, The effects of changes in foreign exchange rates – Lack of exchangeability 1 January 2025 Amendments to HKFRS 9, Financial instruments and HKFRS 7, Financial instruments: disclosures – Amendments to the classification and measurement of financial instruments 1 January 2026 Annual improvements to HKFRS Accounting Standards – Volume 11 1 January 2026 HKFRS 18, Presentation and disclosure in financial statements 1 January 2027 HKFRS 19, Subsidiaries without public accountability: disclosures 1 January 2027 The Group is in the process of making an assessment of what the impact of these developments is expected to be in the period of initial application. So far, the Group considers that the adoption of them is unlikely to have a significant impact on the Group’s consolidated financial statements, except for the application of HKFRS 18 which is expected to affect the presentation and disclosure of the Group’s consolidated financial statements in future.