Annual Report 2019

China Merchants China Direct Investments Limited Annual Report 2019 119 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) For the year ended 31 December 2019 23. STATEMENT OF FINANCIAL POSITION OF THE COMPANY 2019 2018 Notes US$ US$ Non-current assets Investments in subsidiaries 44,840,375 45,030,660 Financial assets at fair value through profit or loss 84,288,539 71,567,869 Amounts due from subsidiaries 49,707,072 54,743,412 178,835,986 171,341,941 Current assets Amounts due from subsidiaries 55,986,283 64,263,132 Other receivables and prepayments 990,557 2,382,690 Cash and cash equivalents 22,549,438 23,948,109 79,526,278 90,593,931 Current liabilities Amounts due to subsidiaries 12,380,881 10,946,469 Other payables 3,532,766 3,565,898 Taxation payable 1,266,388 782,342 17,180,035 15,294,709 Net current assets 62,346,243 75,299,222 Total assets less current liabilities 241,182,229 246,641,163 Non-current liabilities Financial liabilities designated at fair value through profit or loss 1,190,048 1,306,574 Deferred taxation 6,898,980 5,626,913 8,089,028 6,933,487 Net assets 233,093,201 239,707,676 Capital and reserves Share capital 24 139,348,785 139,348,785 Reserves 25 93,744,416 100,358,891 Equity attributable to owners of the Company 233,093,201 239,707,676 Mr. WANG Xiaoding Mr. TSE Yue Kit Director Director