Interim Report 2023

17 INTERIM REPORT 2023 The bank and other borrowings are denominated in the following currencies: Bank loans Notes payable Loans from fellow subsidiaries Loan from immediate holding company Total HK$’million HK$’million HK$’million HK$’million HK$’million As at 30 June 2023 HKD & USD 2,031 19,524 384 — 21,939 RMB 10,191 — 382 — 10,573 EURO 196 — — — 196 Brazilian Real 98 — — — 98 12,516 19,524 766 — 32,806 As at 31 December 2022 HKD & USD 1,721 19,421 — — 21,142 RMB 10,950 — 269 1,458 12,677 EURO 381 — — — 381 Brazilian Real 329 — — — 329 13,381 19,421 269 1,458 34,529 ASSETS CHARGE As at 30 June 2023, loans from banks and a fellow subsidiary of HK$1,790 million (31 December 2022: HK$313 million) in total borrowed by subsidiaries of the Company were secured by property, plant and equipment with carrying value of HK$452 million and right-of-use assets with carrying value of HK$35 million (31 December 2022: secured by right-of-use assets with carrying value of HK$37 million). In addition, the entire shareholdings in a subsidiary indirectly (31 December 2022: two subsidiaries directly or indirectly) held by the Company were pledged to various banks for bank loans of HK$196 million (31 December 2022: HK$928 million). CONTINGENT LIABILITIES Save as disclosed in note 19 to the condensed consolidated interim financial information in this interim report, the Group did not have any other significant contingent liabilities as at 30 June 2023. MATERIAL ACQUISITIONS OR DISPOSALS Save as disclosed in this interim report, the Group did not have any other material acquisitions or disposals of subsidiaries, associates and joint ventures during the period under review. FUTURE PLANS FOR MATERIAL INVESTMENTS OR ACQUISITION OF CAPITAL ASSETS AND EXPECTED SOURCE OF FUNDING Save as disclosed in this interim report, the Group did not have any other plans for material investments or acquisition of capital assets as at 30 June 2023.