Annual Report 2025

263 2025 Annual Report Transport International Holdings Limited FINANCIAL SUMMARY for the years ended 31 December (Expressed in Hong Kong dollars) 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 $’M $’M $’M $’M $’M $’M $’M $’M $’M $’M (Restated) (Restated) (Restated) Notes (d) & (e) Notes (d) & (e) Note (d) Note (c) Note (b) Note (a) Consolidated statement of profit or loss Continuing operations Revenue 8,443 8,215 7,885 6,607 7,202 6,191 8,112 8,009 7,888 7,744 Profit before taxation 493 244 431 451 272 1,722 699 837 1,008 1,016 Income tax (expense)/credit (95) (57) (29) 98 (27) 182 (94) (117) (148) (150) Profit for the year from continuing operations 398 187 402 549 245 1,904 605 720 860 866 Discontinued operations Profit/(loss) for the year from discontinued operations – – – – – – – – 429 (42) Profit for the year 398 187 402 549 245 1,904 605 720 1,289 824 Non-controlling interests – – – – – – – – 6 7 Profit attributable to equity shareholders of the Company – Underlying (Note (f)) 540 265 114 100 245 1,904 605 720 1,295 831 – Reported 398 187 402 549 245 1,904 605 720 1,295 831 Consolidated statement of financial position Investment properties, investment property under development, interest in leasehold land and other property, plant and equipment 14,883 15,679 16,039 15,137 14,274 10,954 10,154 9,841 9,261 8,875 Intangible assets 574 529 529 529 420 365 365 361 132 132 Goodwill 84 84 84 84 84 84 84 84 84 84 Non-current prepayments – – – – – – – – – 2 Interest in associates 616 570 609 600 682 657 612 611 625 602 Interest in joint venture 753 748 749 751 751 751 – – – – Other financial assets 1,527 1,354 1,267 1,716 1,354 1,474 1,264 1,709 1,493 1,207 Employee benefit assets 2,110 1,756 1,609 1,541 1,959 1,701 1,307 913 1,287 626 Net current (liabilities)/assets (1,381) 671 132 235 (39) 229 1,369 711 438 377 Employment of funds 19,166 21,391 21,018 20,593 19,485 16,215 15,155 14,230 13,320 11,905 Financed by: Share capital 534 509 494 475 465 458 447 435 422 412 Reserves 16,639 16,200 15,911 15,612 15,517 12,728 10,525 9,761 9,120 7,414 Total equity attributable to equity shareholders of the Company 17,173 16,709 16,405 16,087 15,982 13,186 10,972 10,196 9,542 7,826 Non-controlling interests – – – – – – – – – 146 Total equity 17,173 16,709 16,405 16,087 15,982 13,186 10,972 10,196 9,542 7,972 Contingency provision – insurance 142 146 142 148 178 218 244 241 285 253 Long-term bank loans 548 3,368 3,378 3,293 2,139 1,684 2,707 2,625 2,353 2,724 Employee benefit liabilities – – – – – – – 3 – 9 Other liabilities 1,303 1,168 1,093 1,065 1,186 1,127 1,232 1,165 1,140 947 Funds employed 19,166 21,391 21,018 20,593 19,485 16,215 15,155 14,230 13,320 11,905 Earnings per share ($) – Underlying (Note (f)) 1.04 0.53 0.24 0.21 0.53 4.21 1.38 1.68 3.11 2.04 – Reported 0.77 0.37 0.83 1.17 0.53 4.21 1.38 1.68 3.11 2.04 Dividends per share ($) 0.80 0.50 0.80 0.50 0.50 0.50 1.00 1.20 1.25 1.25 Total assets per share ($) 43.89 46.98 48.93 50.33 47.79 42.16 37.40 35.46 34.69 32.34 Net assets per share ($) 32.13 32.83 33.19 33.87 34.34 28.80 24.55 23.46 22.59 19.36