Annual Report 2024

267 2024 Annual Report Transport International Holdings Limited FINANCIAL SUMMARY For the years ended 31 December (Expressed in Hong Kong dollars) 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 $’M $’M $’M $’M $’M $’M $’M $’M $’M $’M (Restated) (Restated) (Restated) Notes (d) & (e) Notes (d) & (e) Note (d) Note (c) Note (b) Note (a) Consolidated statement of profit or loss Continuing operations Revenue 8,215 7,885 6,607 7,202 6,191 8,112 8,009 7,888 7,744 7,780 Profit before taxation 244 431 451 272 1,722 699 837 1,008 1,016 747 Income tax (expense)/credit (57) (29) 98 (27) 182 (94) (117) (148) (150) (128) Profit for the year from continuing operations 187 402 549 245 1,904 605 720 860 866 619 Discontinued operations Profit/(loss) for the year from discontinued operations – – – – – – – 429 (42) – Profit for the year 187 402 549 245 1,904 605 720 1,289 824 619 Non-controlling interests – – – – – – – 6 7 10 Profit attributable to equity shareholders of the Company – Underlying (Note (f)) 265 114 100 245 1,904 605 720 1,295 831 629 – Reported 187 402 549 245 1,904 605 720 1,295 831 629 Consolidated statement of financial position Investment properties, investment property under development, interest in leasehold land and other property, plant and equipment 15,679 16,039 15,137 14,274 10,954 10,154 9,841 9,261 8,875 6,133 Intangible assets 529 529 529 420 365 365 361 132 132 132 Goodwill 84 84 84 84 84 84 84 84 84 84 Non-current prepayments – – – – – – – – 2 15 Interest in associates 570 609 600 682 657 612 611 625 602 634 Interest in joint venture 748 749 751 751 751 – – – – – Other financial assets 1,354 1,267 1,716 1,354 1,474 1,264 1,709 1,493 1,207 112 Employee benefit assets 1,756 1,609 1,541 1,959 1,701 1,307 913 1,287 626 577 Net current assets/(liabilities) 671 132 235 (39) 229 1,369 711 438 377 1,321 Employment of funds 21,391 21,018 20,593 19,485 16,215 15,155 14,230 13,320 11,905 9,008 Financed by: Share capital 509 494 475 465 458 447 435 422 412 404 Reserves 16,200 15,911 15,612 15,517 12,728 10,525 9,761 9,120 7,414 6,804 Total equity attributable to equity shareholders of the Company 16,709 16,405 16,087 15,982 13,186 10,972 10,196 9,542 7,826 7,208 Non-controlling interests – – – – – – – – 146 154 Total equity 16,709 16,405 16,087 15,982 13,186 10,972 10,196 9,542 7,972 7,362 Contingency provision – insurance 146 142 148 178 218 244 241 285 253 251 Long-term bank loans 3,368 3,378 3,293 2,139 1,684 2,707 2,625 2,353 2,724 589 Employee benefit liabilities – – – – – – 3 – 9 9 Other liabilities 1,168 1,093 1,065 1,186 1,127 1,232 1,165 1,140 947 797 Funds employed 21,391 21,018 20,593 19,485 16,215 15,155 14,230 13,320 11,905 9,008 Earnings per share ($) – Underlying (Note (f)) 0.53 0.24 0.21 0.53 4.21 1.38 1.68 3.11 2.04 1.56 – Reported 0.37 0.83 1.17 0.53 4.21 1.38 1.68 3.11 2.04 1.56 Dividends per share ($) 0.50 0.80 0.50 0.50 0.50 1.00 1.20 1.25 1.25 1.20 Total assets per share ($) 46.98 48.93 50.33 47.79 42.16 37.40 35.46 34.69 32.34 27.42 Net assets per share ($) 32.83 33.19 33.87 34.34 28.80 24.55 23.46 22.59 19.36 18.24