Annual Report 2019

China Merchants China Direct Investments Limited Annual Report 2019 108 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) For the year ended 31 December 2019 8. SEGMENTAL INFORMATION (CONTINUED) For the purposes of monitoring segment performance and allocating resources between segments: All assets are allocated to reportable segments other than assets of non-reportable segments, certain other receivables and prepayments, cash and cash equivalents, and all liabilities are allocated to reportable segments other than liabilities of non-reportable segments, certain other payables, current and deferred tax liabilities. During the year, the Group was principally involved in investing in companies with significant business involvement in the PRC, and hence no geographical information in relation to the investing activities is presented. 9. PROFIT (LOSS) BEFORE TAXATION 2019 2018 US$ US$ Profit (loss) before taxation has been arrived at after charging (crediting): Auditor’s remuneration 184,249 179,761 Net foreign exchange (gain) loss (70,548) 344,106 Investment Manager’s management fee (note 29 (a)) 11,032,351 12,206,666 Directors’ fees 128,426 127,686 10. DIRECTORS’ EMOLUMENTS The Group has no chief executives and the Directors’ fees paid or payable to each of the 10 (2018: 11) Directors were as follows: 2019 2018 US$ US$ Executive Directors: Mr. CHU Lap Lik, Victor (Note a) — — Mr. WANG Xiaoding — — Mr. TSE Yue Kit — — Ms. KAN Ka Yee, Elizabeth (Alternate Director) (Note a) — — Mr. HONG Xiaoyuan # N/A — — —