Annual Report 2020

208 Transport International Holdings Limited 2020 Annual Report Notes to the Financial Statements (Expressed in Hong Kong dollars unless otherwise indicated) 17 Interest in associates (continued) Summarised financial information of the material associate, adjusted for any differences in accounting policies, and reconciled to the carrying amounts in the consolidated financial statements, are disclosed below: Shenzhen Bus Group Company Limited 2020 2019 $’ 000 $’ 000 Gross amounts of the associate Current assets 3,361,914 2,824,779 Non-current assets 6,700,145 6,476,693 Current liabilities 5,030,655 4,200,518 Non-current liabilities 3,609,448 3,848,731 Total equity 1,421,956 1,252,223 Non-controlling interest (9,979) (12,227) Revenue 1,676,079 2,164,822 Profit for the year 23,926 49,293 Other comprehensive income 123,000 33,449 Total comprehensive income 146,926 84,141 Dividend from the associate 6,911 18,852 Reconciled to the Group’s interests in the associate Gross amounts of net assets of the associate attributable to equity shareholders 1,411,977 1,239,996 Group’s effective interest 35% 35% Group’s share of net assets of the associate 494,192 433,998 Amount due from an associate – 17,738 Goodwill 64,535 60,584 Carrying amount in the consolidated financial statements 558,727 512,320 Aggregate information of associates that are not individually material: 2020 2019 $’ 000 $’ 000 Aggregate carrying amount of individually immaterial associates in the consolidated financial statements 97,883 99,532 Aggregate amounts of the Group’s share of those associates (Loss)/profit for the year (1,849) 4,291 Total comprehensive income (1,849) 4,291