Annual Report 2021

162 Transport International Holdings Limited 2021 Annual Report CONSOLIDATED STATEMENT OF FINANCIAL POSITION At 31 December 2021 (Expressed in Hong Kong dollars) 2021 2020 Note $’000 $’000 Non-current assets Investment properties 13(a) 95,400 97,875 Investment property under development 13(a) 3,844,604 3,005,416 Interest in leasehold land 13(a) 50,491 53,318 Other property, plant and equipment 13(a) 7,985,606 7,797,012 11,976,101 10,953,621 Intangible assets 14 419,729 364,964 Goodwill 15 84,051 84,051 Interest in associates 17 681,749 656,610 Interest in joint venture 18 750,799 750,547 Other financial assets 19 1,353,662 1,473,574 Employee benefit assets 20(a) 1,959,462 1,701,495 Deferred tax assets 28(b) 528 456 17,226,081 15,985,318 Current assets Spare parts 103,421 95,300 Accounts receivable 22 605,137 660,519 Other financial assets 19 741,095 234,198 Deposits and prepayments 26,924 27,422 Current tax recoverable 28(a) 5,857 5,085 Restricted bank deposits 23(a) 411,749 350,365 Bank deposits and cash 23(a) 825,787 1,943,400 2,719,970 3,316,289 Current liabilities Accounts payable and accruals 25 1,665,467 1,585,519 Contingency provision – insurance 26 93,800 90,323 Bank loans 24 994,032 1,398,257 Lease liabilities 27 3,513 3,615 Current tax payable 28(a) 2,657 9,262 2,759,469 3,086,976 Net current (liabilities)/assets (39,499) 229,313 Total assets less current liabilities 17,186,582 16,214,631