Investor Presentaiton
HKAS 1.51(a)
HKAS 1.49
HK Listco Ltd
Financial statements for the year ended 31 December 2023
HKFRS 12.12
HKFRS 12.B10, B11
HKFRS 12.12, B10-
B11
The following table lists out the information relating to BB Trading Limited, the only subsidiary of the
group which has a material NCI. The summarised financial information presented below represents the
amounts before any inter-company elimination 188
NCI percentage
Current assets
Non-current assets
Current liabilities
Non-current liabilities
Net assets
Carrying amount of NCI
Revenue
Profit for the year
2023
$'000
2022
$'000
32.5%
32.5%
192,688
167,121
88,039
76,462
(30,680)
(25,384)
(9,574)
(8,173)
240,473
210,026
78,154
68,258
370,575
360,338
30,446
29,720
30,446
29,720
9,895
9,659
Total comprehensive income
Profit allocated to NCI
Dividend paid to NCI
Cash flows from operating activities
26,110
21,959
Cash flows from investing activities
Cash flows from financing activities
(4,937)
(3,341)
(2,963)
(3,614)
188 In order to help users to understand the interest that non-controlling interests have in the group's activities and cash flows,
HKFRS 12 requires an entity to disclose the following information for each of its subsidiaries that has non-controlling interests
material to the reporting entity:
(a) the name of the subsidiary;
(b) the principal place of business (and country of incorporation if different from the principal place of business) of the
subsidiary;
(c) the proportion of ownership interests held by non-controlling interests;
(d) the proportion of voting rights held by non-controlling interests, if different from the proportion of ownership interests
held;
(e) the profit or loss allocated to non-controlling interests of the subsidiary during the reporting period;
(f)
accumulated non-controlling interests of the subsidiary at the end of the reporting period; and
(g) summarised financial information about the subsidiary, including:
•
dividends paid to non-controlling interests;
summarised financial information about the assets, liabilities, profit or loss and cash flows of the subsidiary that
enables users to understand the interest that non-controlling interests have in the group's activities and cash flows.
That information might include but is not limited to:
current assets
non-current assets
current liabilities
non-current liabilities
revenue
profit or loss
total comprehensive income
The amounts disclosed should be before inter-company eliminations.
120
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