Annual Report 2023

China Merchants China Direct Investments Limited Annual Report 2023 129 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) For the year ended 31 December 2023 6. NET LOSS ON FINANCIAL ASSETS AT FAIR VALUE THROUGH PROFIT OR LOSS The following is an analysis of net (loss) gain on investments of the Group for the year ended 31 December 2023. 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 (loss) gain represent the change of fair value during the year of financial instruments held by the Group as at the year end: 2023 2022 US$ US$ Net (loss) gain on financial assets at FVTPL Listed investments Realised 44,889 (1,638,161) Unrealised (62,745,077) (115,237,342) Unlisted investments Realised — 7,758,242 Unrealised 53,671,674 (90,662,788) Total (9,028,514) (199,780,049) 7. INVESTMENT INCOME 2023 2022 US$ US$ Interest income on bank deposits 322,233 216,625 Dividend income on financial assets at FVTPL Listed equity investments 13,729,919 13,205,386 Unlisted equity investments 5,064,886 1,425,517 18,794,805 14,630,903 Total 19,117,038 14,847,528 The following is an analysis of investment income earned on financial assets, by category of asset: 2023 2022 US$ US$ Interest income for financial assets at amortised cost 322,233 216,625 Dividend income on financial assets at FVTPL 18,794,805 14,630,903 Total 19,117,038 14,847,528