Annual Report 2021

CHINA MERCHANTS PORT HOLDINGS COMPANY LIMITED 78 Consolidated Statement of Profit or Loss and other Comprehensive Income For the year ended 31 December 2021 2021 2020 HK$’million HK$’million Profit for the year 9,385 6,081 Other comprehensive income/(expense) Items that may be reclassified subsequently to profit or loss: Exchange differences from retranslation of investments in subsidiaries, associates and joint ventures 2,690 4,407 Release of reserves upon obtaining control of a non-wholly owned subsidiary — (87) Release of reserves upon deemed disposal of a subsidiary (3) — Release of reserves upon deemed disposal of partial interest in associates (35) — Share of other reserve of a joint venture 5 6 Items that will not be reclassified subsequently to profit or loss: Net actuarial (loss)/gain on defined benefit plans of subsidiaries (36) 29 Surplus on revaluation of an owner occupied property upon change of use to investment property 61 — Share of other reserves of associates 356 6 Share of net actuarial loss on defined benefit plans of associates (1) (35) Total other comprehensive income for the year, net of tax 3,037 4,326 Total comprehensive income for the year 12,422 10,407 Total comprehensive income attributable to: Equity holders of the Company 11,101 8,992 Holders of perpetual capital securities 227 52 Non-controlling interests 1,094 1,363 12,422 10,407