Construction Industry Council - Annual Report 2024

ANNUAL REPORT 2024 201 FINANCIAL STATEMENTS Consolidated statement of financial position At 31 December 2024 2024 2023 Notes HK$ HK$ Non-current assets Property, plant and equipment 13 797,225,974 926,281,638 Construction in progress 13 93,520,084 71,993,758 Debt instruments at amortised cost 14 170,381,707 258,352,870 Equity instruments at fair value through other comprehensive income ("FVTOCI") 15 7,025,567 7,855,154 1,068,153,332 1,264,483,420 Current assets Levy receivables 16 110,643,090 103,039,594 Deposits, prepayments and other receivables 17 199,224,694 180,616,209 Debt instruments at amortised cost 14 84,149,733 – Cash and bank balances 18 4,649,470,858 3,932,625,959 5,043,488,375 4,216,281,762 Current liabilities Accounts and other payables and accruals 19 412,305,983 385,346,027 Construction Innovation and Technology Fund 20 1,698,015,237 1,808,033,646 Lease liabilities 21 7,020,719 6,282,621 Contract liabilities 22 11,027,799 8,173,273 2,128,369,738 2,207,835,567 Net current assets 2,915,118,637 2,008,446,195 Total assets less current liabilities 3,983,271,969 3,272,929,615