192 NOTES TO THE FINANCIAL STATEMENTS 35. Company Statement of Financial Position and Reserves (a) Company Statement of Financial Position At 31st December 2024 Note 2024 HK$M 2023 HK$M ASSETS AND LIABILITIES Non-current assets Property, plant and equipment 49 45 Intangible assets 139 144 Right-of-use assets 10 24 Subsidiary companies 121,109 132,599 Loans due from joint venture companies 3,651 2,967 Associated companies 3 3 Retirement benefit assets 62 – 125,023 135,782 Current assets Trade and other receivables 84 66 Taxation recoverable – 12 Cash and cash equivalents 345 960 429 1,038 Current liabilities Trade and other payables 20,784 29,479 Taxation payable 14 – Lease liabilities due within one year 10 14 20,808 29,493 Net current liabilities (20,379) (28,455) Total assets less current liabilities 104,644 107,327 Non-current liabilities Long-term lease liabilities 1 11 Deferred tax liabilities 33 21 Retirement benefit liabilities – 33 34 65 NET ASSETS 104,610 107,262 EQUITY Equity attributable to the Company’s shareholders Share capital 33 10,449 10,449 Reserves 35(b) 94,161 96,813 TOTAL EQUITY 104,610 107,262 Guy Bradley May Wu Directors Hong Kong, 13th March 2025