Annual Report 2025

243 2025 Annual Report Transport International Holdings Limited NOTES TO THE FINANCIAL STATEMENTS (Expressed in Hong Kong dollars unless otherwise indicated) 24 Bank deposits and cash (continued) (d) Reconciliation of liabilities arising from financing activities: The table below details changes in the Group’s liabilities from financing activities, including both cash and non-cash changes. Liabilities arising from financing activities are liabilities for which cash flows were, or future cash flows will be, classified in the Group’s consolidated cash flow statement as cash flows from financing activities. Bank loans Lease liabilities Total $’000 $’000 $’000 (Note 25) (Note 28) At 1 January 2025 4,210,933 7,302 4,218,235 Changes from financing cash flows: Proceeds from new bank loans 3,905,000 – 3,905,000 Repayment of bank loans (4,747,500) – (4,747,500) Capital element of lease rentals paid – (4,209) (4,209) Interest element of lease rentals paid – (340) (340) Total changes from financing cash flows (842,500) (4,549) (847,049) Other changes: Amortisation of bank loans arrangement fee 3,378 – 3,378 Increase in lease liabilities from entering into new or renewed leases during the year – 3,710 3,710 Decrease in lease liabilities arising from early termination during the year – (2) (2) Interest expenses (note 5(b)) – 340 340 Lease modification – 248 248 Total other changes 3,378 4,296 7,674 At 31 December 2025 3,371,811 7,049 3,378,860 Bank loans Lease liabilities Total $’000 $’000 $’000 (Note 25) (Note 28) At 1 January 2024 4,639,614 5,543 4,645,157 Changes from financing cash flows: Proceeds from new bank loans 2,950,000 – 2,950,000 Repayment of bank loans (3,382,500) – (3,382,500) Capital element of lease rentals paid – (4,312) (4,312) Interest element of lease rentals paid – (317) (317) Total changes from financing cash flows (432,500) (4,629) (437,129) Other changes: Amortisation of bank loans arrangement fee 3,819 – 3,819 Increase in lease liabilities from entering into new or renewed leases during the year – 6,378 6,378 Decrease in lease liabilities arising from early termination during the year – (213) (213) Interest expenses (note 5(b)) – 317 317 Lease modification – (94) (94) Total other changes 3,819 6,388 10,207 At 31 December 2024 4,210,933 7,302 4,218,235