Annual Report 2021

ANNUAL REPORT 2021 77 Consolidated Statement of Profit or Loss For the year ended 31 December 2021 Note 2021 2020 HK$’million HK$’million Revenue 4 11,850 8,945 Cost of sales (6,493) (5,201) Gross profit 5,357 3,744 Other income and other gains, net 7 981 1,852 Administrative expenses (1,551) (1,371) Finance income 11 400 298 Finance costs 11 (1,815) (1,822) Finance costs, net 11 (1,415) (1,524) Share of profits less losses of Associates 7,103 4,117 Joint ventures 151 340 7,254 4,457 Profit before taxation 10,626 7,158 Taxation 12 (1,241) (1,077) Profit for the year 6 9,385 6,081 Attributable to: Equity holders of the Company 8,144 5,151 Holders of perpetual capital securities 227 52 Non-controlling interests 1,014 878 Profit for the year 9,385 6,081 Earnings per share for profit attributable to equity holders of the Company 14 Basic (HK cents) 219.87 146.25