Annual Report 2025

249 2025 Annual Report Transport International Holdings Limited NOTES TO THE FINANCIAL STATEMENTS (Expressed in Hong Kong dollars unless otherwise indicated) 31 Capital and reserves (a) Movements in components of equity The reconciliation between the opening and closing balances of each component of the Group’s consolidated equity is set out in the consolidated statement of changes in equity. Details of the changes in the Company’s individual components of equity between the beginning and the end of the year are set out below: Share capital Share premium Capital reserve Contributed surplus Retained profits Total equity Note $’000 $’000 $’000 $’000 $’000 $’000 Balance at 1 January 2024 494,343 1,492,293 11,669 1,300,000 1,000,049 4,298,354 Changes in equity for 2024: Shares issued in respect of scrip dividend – 2023 final dividend 31(b)(i) 14,558 116,321 – – – 130,879 Forfeiture of share options – – (1,150) – 1,150 – Equity-settled share-based transaction 5(a) – – 3,454 – – 3,454 Dividends approved in respect of the previous year 11(b) – – – – (247,172) (247,172) Profit and total comprehensive income for the year – – – – 246,000 246,000 Balance at 31 December 2024 508,901 1,608,614 13,973 1,300,000 1,000,027 4,431,515 Share capital Share premium Capital reserve Contributed surplus Retained profits Total equity Note $’000 $’000 $’000 $’000 $’000 $’000 Balance at 1 January 2025 508,901 1,608,614 13,973 1,300,000 1,000,027 4,431,515 Changes in equity for 2025: Shares issued in respect of scrip dividend – 2024 final dividend 31(b)(i) 17,016 130,177 – – – 147,193 Shares issued in respect of scrip dividend – 2025 interim dividend 31(b)(i) 8,341 79,570 – – – 87,911 Issuance of shares upon exercise of share options 31(b)(ii) 282 2,928 (225) – – 2,985 Forfeiture of share options – – (5,461) – 5,461 – Equity-settled share-based transaction 5(a) – – 741 – – 741 Dividends approved in respect of the previous year 11(b) – – – – (254,451) (254,451) Dividends approved in respect of the current year 11(a) – – – – (157,775) (157,775) Profit and total comprehensive income for the year – – – – 407,000 407,000 Balance at 31 December 2025 534,540 1,821,289 9,028 1,300,000 1,000,262 4,665,119 The Company’s reserves available for distribution to shareholders at 31 December 2025 amounted to $2,300,262,000 (2024: $2,300,027,000). After the end of the reporting period, the Directors proposed a final dividend of $0.50 (2024: $0.50) per share, amounting to $267,343,000 (2024: $254,451,000). The final dividend proposed has not been recognised as a liability at the end of the reporting period.