Annual Report 2025

262 Transport International Holdings Limited 2025 Annual Report NOTES TO THE FINANCIAL STATEMENTS (Expressed in Hong Kong dollars unless otherwise indicated) 37 Non-adjusting event after the reporting period Proposal of a final dividend After the end of the reporting period, the Directors proposed a final dividend for the year. Further details are disclosed in note 11(a) to the consolidated financial statements. 38 Possible impact of amendments, new standards and interpretations issued but not yet effective for the year ended 31 December 2025 Up to the date of issue of these consolidated financial statements, the HKICPA has issued a number of new or amended standards, which are not yet effective for the year ended 31 December 2025 and which have not been adopted in these consolidated financial statements. These developments include the following which may be relevant to the Group. Effective for accounting periods beginning on or after Amendments to HKFRS 9, Financial instruments and HKFRS 7, Financial instruments: disclosures – Contracts referencing nature-dependent electricity 1 January 2026 Amendments to HKFRS 9, Financial instruments and HKFRS 7, Financial instruments: disclosures – Amendments to the classification and measurement of financial instruments 1 January 2026 Annual improvements to HKFRS Accounting Standards – Volume 11 1 January 2026 HKFRS 18, Presentation and disclosure in financial statements 1 January 2027 HKFRS 19, Subsidiaries without public accountability: disclosures 1 January 2027 The Group is in the process of making an assessment of what the impact of these developments is expected to be in the period of initial application. So far it has concluded that the adoption of them is unlikely to have a significant impact on the Group’s consolidated financial statements, except for the following: HKFRS 18, Presentation and disclosure in financial statements HKFRS 18 will replace HKAS 1 Presentation of financial statements and aims to improve the transparency and comparability of information about an entity’s financial statements. HKFRS 18 is effective for annual reporting periods beginning on or after 1 January 2027 and is to be applied retrospectively. Among other changes, under HKFRS 18, entities are required to classify all income and expenses into five categories in the statement of profit or loss, namely the operating, investing, financing, discontinued operations and income tax categories. Entities are also required to provide specific disclosures about management-defined performance measures in a single note in the financial statements. The Group does not plan to early adopt HKFRS 18 and is still in the process of assessing the impact of the adoption.