Annual Report 2021

CHINA MERCHANTS PORT HOLDINGS COMPANY LIMITED 188 Notes to the Consolidated Financial Statements For the year ended 31 December 2021 38. INFORMATION OF THE CONSOLIDATED STATEMENT OF CASH FLOWS (CONTINUED) (b) Reconciliation of liabilities arising from financing activities The table below details changes in the Group’s liabilities arising from financing activities, including both cash and non-cash changes. Liabilities arising from financing activities are those for which cash flows were, or future cash flows will be, classified in the Group’s consolidated statement of cash flows as cash flows used in financing activities. Bank and other borrowings Dividend payable to non- controlling Loans from Amount equity Distribution a non- Interest due to holders of Dividend payable to controlling Loan from payable an associate subsidiaries payable holders of equity holder Loans from immediate (included in (included (included to equity perpetual Bank of a a fellow holding Notes Lease creditors and in creditors in creditors holders of capital loans subsidiary subsidiary company payable liabilities accruals) and accruals) and accruals) the Company securities Total HK$’million HK$’million HK$’million HK$’million HK$’million HK$’million HK$’million HK$’million HK$’million HK$’million HK$’million HK$’million At 1 January 2021 14,417 520 455 934 22,866 962 565 — 114 — — 40,833 Financing cash flows (2,862) — (8) 299 (185) (137) (1,488) 55 (386) (1,194) (223) (6,129) Non-cash changes Exchange adjustments 60 (16) (2) 34 207 27 (234) 5 35 — — 116 Deemed disposal of a subsidiary — — — — — — — 112 — — — 112 Issue of shares in lieu of dividends — — — — — — — — — (1,496) — (1,496) Interest expense — — 16 47 — 50 1,733 — — — — 1,846 New leases entered/lease modified — — — — — 24 — — — — — 24 Declaration of distribution — — — — — — — — — — 223 223 Declaration of dividend — — — — — — — — 283 2,690 — 2,973 At 31 December 2021 11,615 504 461 1,314 22,888 926 576 172 46 — — 38,502 At 1 January 2020 12,091 454 1,027 366 24,476 1,002 597 — 145 — — 40,158 Financing cash flows 1,957 — (604) 491 (1,551) (166) (1,750) — (687) (742) — (3,052) Non-cash changes Obtaining control of a non-wholly owned subsidiary 173 — — — — — — — — — — 173 Exchange adjustments 196 66 29 55 (59) 72 (66) — (15) — — 278 Issue of shares in lieu of dividends — — — — — — — — — (1,907) — (1,907) Interest expense — — 3 22 — 54 1,784 — — — — 1,863 Declaration of dividend — — — — — — — — 671 2,649 — 3,320 At 31 December 2020 14,417 520 455 934 22,866 962 565 — 114 — — 40,833