Annual Report 2023

China Merchants China Direct Investments Limited Annual Report 2023 133 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) For the year ended 31 December 2023 8. SEGMENTAL INFORMATION (CONTINUED) 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. 9. LOSS BEFORE TAXATION 2023 2022 US$ US$ Loss before taxation has been arrived at after charging: Auditor’s remuneration 195,404 244,303 Net foreign exchange loss 937,971 440,753 Investment Manager’s management fee (note 27 (a)) 10,458,859 11,154,282 Directors’ fees 220,026 209,473