Annual Report 2022

138 China Merchants China Direct Investments Limited Annual Report 2022 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) For the year ended 31 December 2022 22. STATEMENT OF FINANCIAL POSITION OF THE COMPANY 2022 2021 Notes US$ US$ Non-current assets Investments in subsidiaries 44,840,372 44,840,372 Financial assets at fair value through profit or loss 67,397,359 104,680,435 Amounts due from subsidiaries 58,101,455 59,949,876 170,339,186 209,470,683 Current assets Amounts due from subsidiaries 69,153,556 82,239,460 Other receivables and prepayments 42,730 1,036,961 Cash and cash equivalents 10,609,252 8,972,304 79,805,538 92,248,725 Current liabilities Amounts due to subsidiaries 16,083,149 14,695,406 Other payables 5,637,749 8,952,886 Taxation payable 1,690,669 2,180,559 23,411,567 25,828,851 Net current assets 56,393,971 66,419,874 Total assets less current liabilities 226,733,157 275,890,557 Non-current liabilities Financial liabilities designated at fair value through profit or loss 872,416 1,318,564 Deferred taxation 5,209,863 8,938,170 6,082,279 10,256,734 Net assets 220,650,878 265,633,823 Capital and reserves Share capital 23 139,348,785 139,348,785 Reserves 24 81,302,093 126,285,038 Equity attributable to owners of the Company 220,650,878 265,633,823 Mr. WANG Xiaoding Ms. KAN Ka Yee, Elizabeth Director Director