Annual Report 2019

110 CHINA MERCHANTS PORT HOLDINGS COMPANY LIMITED Consolidated Statement of Changes in Equity For the year ended 31 December 2019 Non- controlling Attributable to equity holders of the Company interests Total Share Other Retained Note capital reserves earnings Total HK$’million HK$’million HK$’million HK$’million HK$’million HK$’million (note 32) As at 31 December 2018 (audited) 39,070 2,968 33,283 75,321 12,683 88,004 Adjustments (note 2.1) — — (118) (118) (19) (137) As at 1 January 2019 (adjusted) 39,070 2,968 33,165 75,203 12,664 87,867 COMPREHENSIVE INCOME Profit for the year — — 8,362 8,362 876 9,238 Other comprehensive (expense)/income Exchange differences from retranslation of investments in subsidiaries, associates and joint ventures — (3,103) — (3,103) (299) (3,402) Release of the fair value of equity instruments at FVTOCI, net of deferred taxation — (5) 5 — — — Share of other reserves of associates and a joint venture — 21 — 21 — 21 Net actuarial loss on defined benefit plans of subsidiaries — — (2) (2) (1) (3) Share of net actuarial loss on defined benefit plans of associates — — (30) (30) — (30) Total other comprehensive expense for the year, net of tax — (3,087) (27) (3,114) (300) (3,414) Total comprehensive (expense)/ income for the year — (3,087) 8,335 5,248 576 5,824 TRANSACTIONS WITH OWNERS Issue of shares in lieu of dividends 30 1,544 — — 1,544 — 1,544 Transfer to reserves — 207 (207) — — — Disposal of interests in subsidiaries to non-controlling equity holders without losing control therein 21(b) — 572 42 614 1,330 1,944 Share of other changes in equity attributable to equity holders of associates — 329 — 329 — 329 Repayment of capital contribution to a non-controlling equity holder — — — — (2) (2) Capital contribution to a subsidiary — — — — 31 31 Dividends 47 — — (3,183) (3,183) (269) (3,452) Contribution from a non-controlling equity holder of a subsidiary — 28 — 28 21 49 Total transactions with owners for the year 1,544 1,136 (3,348) (668) 1,111 443 As at 31 December 2019 40,614 1,017 38,152 79,783 14,351 94,134