Annual Report 2019

164 Annual Report 2019 Miramar Hotel and Investment Company, Limited Notes to the Financial Statements 23 Total equity (Continued) (a) Movements in components of equity (continued) The Company (continued) Share capital Capital reserve General reserve Retained profits Total HK$’000 HK$’000 HK$’000 HK$’000 HK$’000 Balance at 1 January 2019 2,227,024 1,019,874 300,000 1,535,331 5,082,229 Changes in equity for 2019: Profit and total comprehensive income for the year – – – 2,573,788 2,573,788 Final dividends approved in respect of the previous year (note 7(b)) – – – (255,655) (255,655) Interim dividends declared in respect of the current year (note 7(a)) – – – (165,830) (165,830) Balance at 31 December 2019 2,227,024 1,019,874 300,000 3,687,634 7,234,532 (b) Share capital (i) Issued share capital 2019 2018 No. of shares Amount No. of shares Amount HK$’000 HK$’000 Ordinary shares, issued and fully paid: At 1 January 690,959,695 2,227,024 628,577,818 1,384,869 Shares issued on exercise of warrants – – 62,381,877 842,155 At 31 December 690,959,695 2,227,024 690,959,695 2,227,024