Annual Report 2021

ANNUAL REPORT 2021 81 Consolidated Statement of Changes in Equity For the year ended 31 December 2021 Attributable to equity holders of the Company Perpetual capital securities Non- controlling interests Total Note Share capital Other reserves Retained earnings Total HK$’million HK$’million HK$’million HK$’million HK$’million HK$’million HK$’million (note 31) (note 29) As at 1 January 2021 42,521 4,922 40,446 87,889 6,237 19,509 113,635 COMPREHENSIVE INCOME Profit for the year — — 8,144 8,144 227 1,014 9,385 Other comprehensive income Exchange differences from retranslation of investments in subsidiaries, associates and joint ventures — 2,595 — 2,595 — 95 2,690 Release of reserves upon deemed disposal of a subsidiary 20 — (10) 7 (3) — — (3) Release of reserves upon deemed disposal of partial interest in associates 20 — (62) 27 (35) — — (35) Surplus on revaluation of an owner occupied property upon change of use to investment property — 61 — 61 — — 61 Share of other reserves of associates and a joint venture — 361 — 361 — — 361 Net actuarial loss on defined benefit plans of subsidiaries — — (21) (21) — (15) (36) Share of net actuarial loss on defined benefit plans of associates — — (1) (1) — — (1) Total other comprehensive income for the year, net of tax — 2,945 12 2,957 — 80 3,037 Total comprehensive income for the year — 2,945 8,156 11,101 227 1,094 12,422 TRANSACTIONS WITH OWNERS Issue of shares in lieu of dividends 28 1,496 — — 1,496 — — 1,496 Transfer to statutory reserve — 99 (99) — — — — Deemed disposal of a subsidiary 20 — — — — — (25) (25) Contribution from immediate holding company — 20 — 20 — — 20 Reversal of contribution from immediate holding company — (22) — (22) — — (22) Share of other changes in equity attributable to equity holders of associates — 468 — 468 — — 468 Distribution to holders of perpetual capital securities — — — — (223) — (223) Dividends — — (2,690) (2,690) — (283) (2,973) Total transactions with owners for the year 1,496 565 (2,789) (728) (223) (308) (1,259) As at 31 December 2021 44,017 8,432 45,813 98,262 6,241 20,295 124,798