Below are the financial statements of Far East Horizon, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of CNY | 2024 | 2023 |
|---|---|---|
| Interest income | 21,182.11a | 22,467.1a |
| Revenue from operating leases | 6,350.7a | 6,126.87a |
| Revenue from contracts with customers | 10,353.43a | 9,508.74a |
| Tax and surcharges | -137.08a | -142.91a |
| Cost of sales | -20,734.3a | -19,958.82a |
| Other income and gains | 1,893.48a | 2,251.35a |
| Selling and distribution costs | -3,600.47a | -3,628.54a |
| Administrative expenses | -4,738.81a | -4,515.96a |
| Impairment losses on financial and contract assets, net | -1,057.54a | -613.31a |
| Gains on derecognition of financial assets measured at amortised cost | 9.62a | 0a |
| Other expenses | -547.67a | -300.6a |
| Finance costs | -1,213.01a | -1,037.96a |
| Share of net profits of | — | — |
| Associates | 170.69a | 63.41a |
| Joint ventures | 90.23a | 205.88a |
| Profit before tax | 8,021.36a | 10,425.26a |
| Income tax expense | -3,502.13a | -3,508.24a |
| Profit for the year | 4,519.24a | 6,917.02a |
| Attributable to | — | — |
| Ordinary shareholders of the parent | 3,862.46a | 6,192.97a |
| Holders of perpetual securities | 32.19a | 106.89a |
| Non-controlling interests | 624.59a | 617.16a |
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