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Notes to the Consolidated Financial Statements31 December 2024ESR Group Limited Annual Report 2024221STRATEGIC REPORTSCORPORATE GOVERNANCEFINANCIAL STATEMENTS35.DISPOSAL OF SUBSIDIARIES (continued)Sunflower TMKIn April 2024, the Group has, through its wholly-owned subsidiary, entered into a sale and purchase agreement to dispose of the 91.329% interests in a subsidiary, ESR Sunflower TMK, to a third party. Accordingly, the Group lost itscontrolofESRSunflowerTMKandaccountedforitsremaining8.671%ownershipinESRSunflowerTMKasafinancial asset at fair value through profit or loss.US$%u2019000Net assets disposed of:Investment properties21,857Cash and bank balances14,566Other assets940Bank and other borrowings(24,239)Other liabilities(72)13,052Gain on disposal of subsidiaries5413,106Satisfied by:Cash11,970Financial assets at fair value through profit or loss1,13613,106An analysis of the net cash and cash equivalents in respect of the disposal of a subsidiary is as follows:US$%u2019000Cash consideration11,970Cash and bank balances of a subsidiary disposed of(14,566)Net outflow of cash and cash equivalents included in cash flows related to investing activities(2,596)