Annual Report 2020

238 Transport International Holdings Limited 2020 Annual Report Notes to the Financial Statements (Expressed in Hong Kong dollars unless otherwise indicated) 36 Company-level statement of financial position 2020 2019 Note $’ 000 $’ 000 Non-current assets Investments in subsidiaries 1,194,934 1,194,334 Deferred tax assets 535 535 1,195,469 1,194,869 Current assets Deposits and prepayments 1,718 1,481 Amounts due from subsidiaries 9,607,206 8,834,195 Bank deposits and cash 3,707 5,434 9,612,631 8,841,110 Current liabilities Accounts payable and accruals 13,569 12,119 Amounts due to subsidiaries 6,928,869 6,319,572 6,942,438 6,331,691 Net current assets 2,670,193 2,509,419 NET ASSETS 3,865,662 3,704,288 CAPITAL AND RESERVES 30(a) Share capital 457,821 446,941 Reserves 3,407,841 3,257,347 TOTAL EQUITY 3,865,662 3,704,288 Approved and authorised for issue by the Board of Directors on 18 March 2021 Norman LEUNG Nai Pang Chairman Roger LEE Chak Cheong Managing Director