Annual Report 2020

2020 Annual Report Transport International Holdings Limited 217 Notes to the Financial Statements (Expressed in Hong Kong dollars unless otherwise indicated) 23 Bank deposits and cash (a) Bank deposits and cash comprise: 2020 2019 $’ 000 $’ 000 Cash at bank and on hand 359,391 185,999 Bank deposits 1,934,374 1,269,914 2,293,765 1,455,913 Less: restricted bank deposits (note 23(b)) (350,365) (146,955) Bank deposits and cash in the consolidated statement of financial position 1,943,400 1,308,958 Less: bank deposits with original maturities of over three months (810,307) (766,607) Cash and cash equivalents in the consolidated cash flow statement 1,133,093 542,351 (b) The Group is required to maintain the balance of passenger reward (note 5(d)) under the revised MBOF approach and the balance of toll exemption fund (note 5(d)) in designated bank accounts. As at 31 December 2020, the related restricted bank deposits amounted to $7,443,000 and $342,922,000 (2019: $5,543,000 and $141,412,000) respectively.