Annual Report 2023

China Merchants China Direct Investments Limited Annual Report 2023 131 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) For the year ended 31 December 2023 8. SEGMENTAL INFORMATION (CONTINUED) For the year ended 31 December 2022 Reportable segments Culture, Total Financial media and Information reportable services consumption technology segments Others Total US$ US$ US$ US$ US$ US$ Net (loss) gain on financial assets at FVTPL (160,535,201) 8,791,597 (56,426,286) (208,169,890) 8,389,841 (199,780,049) Dividend income on financial assets at FVTPL 12,944,090 870,792 698,271 14,513,153 117,750 14,630,903 Other gains — 559,632 — 559,632 — 559,632 Segment (loss) profit (147,591,111) 10,222,021 (55,728,015) (193,097,105) 8,507,591 (184,589,514) Unallocated: – Administrative expenses (11,573,620) – Interest income on bank deposits 216,625 – Other losses (440,753) Loss before taxation (196,387,262) Segment (loss) profit represents the net (loss) gain on financial assets at FVTPL, the corresponding dividend income and other gains earned by each segment without allocation of central administrative expenses (including fees to China Merchants China Investment Management Limited (the “ Investment Manager ”)), interest income on bank deposits and certain other losses. This is the measure reported to the chief operating decision maker for the purposes of resources allocation and performance assessment. No separate segment revenue (i.e. investment income) is disclosed as it had been presented in the computation of segment (loss) profit.