Annual Report 2022

201 2022 Annual Report Transport International Holdings Limited NOTES TO THE FINANCIAL STATEMENTS (Expressed in Hong Kong dollars unless otherwise indicated) 12 Segment reporting (continued) (a) Segment results, assets and liabilities (continued) Information regarding the Group’s reportable segments for the years ended 31 December 2022 and 2021 is set out below. Franchised bus operation Property holdings and development All other segments Total 2022 2021 2022 2021 2022 2021 2022 2021 $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000 Revenue from external customers 6,360,023 6,940,074 51,477 49,337 195,671 212,597 6,607,171 7,202,008 Inter-segment revenue 823 782 5,094 5,477 1,890 3,178 7,807 9,437 Reportable segment revenue 6,360,846 6,940,856 56,571 54,814 197,561 215,775 6,614,978 7,211,445 Reportable segment (loss)/profit (33,013) 65,852 52,419 48,103 5,067 22,415 24,473 136,370 Interest income 4,016 28 – – – 37 4,016 65 Interest expense (37,610) (14,350) – – – – (37,610) (14,350) Depreciation (1,077,761) (972,112) (6,463) (7,053) (38,829) (38,996) (1,123,053) (1,018,161) Staff costs (3,893,752) (3,951,690) – – (98,683) (91,838) (3,992,435) (4,043,528) Share of (losses)/profits of associates – – – – (6,909) 19,635 (6,909) 19,635 Share of profit of joint venture – – 8,249 8,252 – – 8,249 8,252 Income tax credit/(expense) 105,262 (14,142) (6,785) (7,719) (10,698) (5,188) 87,779 (27,049) Reportable segment assets 11,281,358 10,931,735 5,316,616 4,698,759 1,497,166 1,847,096 18,095,140 17,477,590 – including interest in associates – – – – 599,796 681,749 599,796 681,749 – including interest in joint venture – – 751,187 750,799 – – 751,187 750,799 Additions to non-current segment assets during the year 882,710 1,177,921 621,737 840,027 135,728 26,363 1,640,175 2,044,311 Reportable segment liabilities 5,211,220 4,381,960 2,421,777 1,758,496 94,860 83,013 7,727,857 6,223,469