Annual Report 2021

CHINA MERCHANTS PORT HOLDINGS COMPANY LIMITED 82 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) As at 1 January 2020 40,614 1,017 38,152 79,783 — 14,351 94,134 COMPREHENSIVE INCOME Profit for the year — — 5,151 5,151 52 878 6,081 Other comprehensive income/(expense) Exchange differences from retranslation of investments in subsidiaries, associates and joint ventures — 3,934 — 3,934 — 473 4,407 Release of reserves upon obtaining control of a non-wholly owned subsidiary 39 — (87) — (87) — — (87) Share of other reserves of associates and a joint venture — 12 — 12 — — 12 Net actuarial gain on defined benefit plans of subsidiaries — — 17 17 — 12 29 Share of net actuarial loss on defined benefit plans of associates — — (35) (35) — — (35) Total other comprehensive income/(expense) for the year, net of tax — 3,859 (18) 3,841 — 485 4,326 Total comprehensive income for the year — 3,859 5,133 8,992 52 1,363 10,407 TRANSACTIONS WITH OWNERS Issue of shares in lieu of dividends 28 1,907 — — 1,907 — — 1,907 Issue of perpetual capital securities 29 — — — — 6,185 — 6,185 Transfer to statutory reserve — 348 (348) — — — — Acquisition of additional interests in subsidiaries 19(b) — (588) (3) (591) — 591 — Disposal of interests in subsidiaries to non-controlling equity holders without losing control therein 19(c) — 296 77 373 — 1,704 2,077 Obtaining control of a non-wholly owned subsidiary 39 — (84) 84 — — 2,171 2,171 Contribution from immediate holding company — 17 — 17 — — 17 Share of other changes in equity attributable to equity holders of associates — 57 — 57 — — 57 Dividends — — (2,649) (2,649) — (671) (3,320) Total transactions with owners for the year 1,907 46 (2,839) (886) 6,185 3,795 9,094 As at 31 December 2020 42,521 4,922 40,446 87,889 6,237 19,509 113,635