Annual Report 2023

144 14 China Merchants China Direct Investments Limited Annual Report 2023 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) For the year ended 31 December 2023 22. STATEMENT OF FINANCIAL POSITION OF THE COMPANY 2023 2022 Notes US$ US$ Non-current assets Investments in subsidiaries 44,840,372 44,840,372 Financial assets at fair value through profit or loss 71,177,705 67,397,359 Amounts due from subsidiaries 58,101,455 58,101,455 174,119,532 170,339,186 Current assets Amounts due from subsidiaries 92,063,802 69,153,556 Other receivables and prepayments 114,834 42,730 Cash and cash equivalents 3,680,753 10,609,252 95,859,389 79,805,538 Current liabilities Amounts due to subsidiaries 18,131,117 16,083,149 Other payables 5,904,332 5,637,749 Taxation payable 2,230,508 1,690,669 26,265,957 23,411,567 Net current assets 69,593,432 56,393,971 Total assets less current liabilities 243,712,964 226,733,157 Non-current liabilities Financial liabilities designated at fair value through profit or loss 1,067,166 872,416 Deferred taxation 5,587,897 5,209,863 6,655,063 6,082,279 Net assets 237,057,901 220,650,878 Capital and reserves Share capital 23 139,348,785 139,348,785 Reserves 24 97,709,116 81,302,093 Equity attributable to owners of the Company 237,057,901 220,650,878 Mr. WANG Xiaoding Ms. KAN Ka Yee, Elizabeth Director Director