Annual Report 2019

234 Transport International Holdings Limited 2019 Annual Report Notes to the Financial Statements (Expressed in Hong Kong dollars unless otherwise indicated) 34 Company-level statement of financial position 2019 2018 Note $’ 000 $’ 000 Non-current assets Investments in subsidiaries 1,194,334 1,194,345 Deferred tax assets 535 535 1,194,869 1,194,880 Current assets Deposits and prepayments 1,481 188 Amounts due from subsidiaries 8,834,195 8,567,384 Bank deposits and cash 5,434 3,668 8,841,110 8,571,240 Current liabilities Accounts payable and accruals 12,119 11,207 Amounts due to subsidiaries 6,319,572 6,319,156 6,331,691 6,330,363 Net current assets 2,509,419 2,240,877 NET ASSETS 3,704,288 3,435,757 CAPITAL AND RESERVES 29(a) Share capital 446,941 434,597 Reserves 3,257,347 3,001,160 TOTAL EQUITY 3,704,288 3,435,757 Approved and authorised for issue by the Board of Directors on 19 March 2020 Norman LEUNG Nai Pang Chairman Roger LEE Chak Cheong Managing Director