Annual Report 2019

China Merchants China Direct Investments Limited Annual Report 2019 104 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) For the year ended 31 December 2019 6. NET GAIN (LOSS) ON FINANCIAL ASSETS AT FAIR VALUE THROUGH PROFIT OR LOSS The following is the analysis of net gain (loss) on investments of the Group for the year ended 31 December 2019. The amounts of realised gain (loss) represent the difference between the fair value at the beginning of the year or purchase date in the year and the disposal date of financial instruments while the amounts of unrealised gain (loss) represent the change of fair value during the year of financial instruments held by the Group as at the year end: 2019 2018 US$ US$ Net gain (loss) on financial assets at FVTPL Listed investments Realised 8,215,192 4,463,675 Unrealised 106,134,385 (61,422,643) Unlisted investments Unrealised 17,499,050 (54,164,115) Total 131,848,627 (111,123,083) 7. INVESTMENT INCOME 2019 2018 US$ US$ Interest income on bank deposits 905,655 723,039 Dividend income on financial assets at FVTPL Listed equity investments 8,099,357 7,878,780 Unlisted equity investments 6,523,375 10,282,733 14,622,732 18,161,513 Total 15,528,387 18,884,552