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Notes to the Consolidated Financial Statements31 December 2024174ADVANCING AHEAD7.FINANCE COSTS20242023US$%u2019000US$%u2019000Interest expense on bank loans316,109298,168Interest expense on other borrowings3,1931,587Interest expense on bonds13,12817,169Interest expense on convertible bonds%u20133,922Interest accretion on convertible bonds (note (i))%u20137,979Interest expense on lease liabilities2,0201,803334,450330,628Less: Interest capitalised(20,360)(17,727)314,090312,901Note:(i)Related to non-cash portion associated with the equity element of the convertible bonds.8.DIRECTORS%u2019 AND CHIEF EXECUTIVES%u2019 REMUNERATIONDirectors%u2019 and chief executive%u2019s remuneration for the year, disclosed pursuant to the Listing Rules, section 383(1)(a), (b), (c) and (f) of the Hong Kong Companies Ordinance and Part 2 of the Companies (Disclosure of Information about Benefits of Directors) Regulation, is as follows:20242023US$%u2019000US$%u2019000Directors%u2019 fees3,9764,032Other emoluments:Salaries, allowances and benefits in kind6582,006Share-based compensation expense (note (i))1,1682,2961,8264,3025,8028,334Note:(i)Granted to Redwood Consulting and an entity associated with Mr Jinchu Shen.During the year, certain directors were granted share options, in respect of their services to the Group, under the Long Term Incentive Scheme of the Company, further details of which are set out in note 41 to the financial statements. The fair value of such options, which has been recognised in profit or loss over the vesting period, was determined as at the date of grant and the amount included in the financial statements is included in the above directors%u2019 and chief executive%u2019s remuneration disclosures.