Annual Report 2022
126 China Merchants China Direct Investments Limited Annual Report 2022 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) For the year ended 31 December 2022 8. SEGMENTAL INFORMATION (CONTINUED) The following is an analysis of the Group’s assets and liabilities by reportable and operating segments: 2022 2021 US$ US$ Segment assets Financial services 454,236,174 670,770,763 Culture, media and consumption 53,659,356 48,047,832 Information technology 162,887,995 232,867,920 Total assets for reportable segments 670,783,525 951,686,515 Others 19,287,081 16,611,825 Unallocated 25,548,666 49,456,909 Consolidated assets 715,619,272 1,017,755,249 Segment liabilities Financial services 38,955 61,734 Culture, media and consumption 175,413 209,039 Information technology 512,963 830,862 Total liabilities for reportable segments 727,331 1,101,635 Others 145,085 4,930,651 Unallocated 143,176,403 206,025,500 Consolidated liabilities 144,048,819 212,057,786 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.
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