Annual Report 2021

159 Notes to the Financial Statements Miramar Hotel and Investment Company, Limited Annual Report 2021 16 Cash and bank balances and other cash flow information (Continued) (b) Reconciliation of liabilities arising from financing activities (continued) Lease liabilities Bank loan Amounts due to holders of non-controlling interests of subsidiaries Total HK$’000 HK$’000 HK$’000 HK$’000 (note 18) (note 19) (note 17) At 1 January 2021 87,164 2,993 72,475 162,632 Changes from financing cash flows: Capital element of lease rentals paid (48,392) – – (48,392) Interest element of lease rentals paid (2,224) – – (2,224) Repayment of bank loans – (2,861) – (2,861) Total changes from financing cash flows (50,616) (2,861) – (53,477) Exchange adjustments – (132) 147 15 Other changes Interest on lease liabilities (note 3(b)) 2,224 – – 2,224 Increase in liabilities from entering into new leases during the year 47,642 – – 47,642 At 31 December 2021 86,414 – 72,622 159,036 (c) Total cash outflow for leases Amounts included in the cash flow statement for leases related to lease rental paid comprise the following: 2021 2020 HK$’000 HK$’000 Within operating cash flows (1,432) (4,133) Within financing cash flows (50,616) (63,857) (52,048) (67,990)