Annual Report 2021

CONSOLIDATED STATEMENT OF CHANGES IN EQUITY For the year ended 31 December 2021 44 The United Laboratories International Holdings Limited Annual Report 2021 Attributable to owners of the Company Share capital Share premium Treasury stock Special reserve Capital reserve Foreign exchange reserve Retained profits Subtotal Non- controlling interests Total RMB’000 RMB’000 RMB’000 RMB’000 RMB’000 RMB’000 RMB’000 RMB’000 RMB’000 RMB’000 (Note b) (Note a) At 1 January 2020 15,360 2,446,154 – 277,100 934,792 1,303 2,997,080 6,671,789 – 6,671,789 Exchange differences arising on translation of foreign operations – – – – – 5,904 – 5,904 – 5,904 Profit (loss) for the year – – – – – – 702,989 702,989 (2,071) 700,918 Total comprehensive income (expense) for the year – – – – – 5,904 702,989 708,893 (2,071) 706,822 Dividends recognised as distribution (Note 15) – – – – – – (128,140) (128,140) – (128,140) Issue of shares upon conversion of convertible bonds (Note 29) 1,823 1,359,541 – – – – – 1,361,364 – 1,361,364 Appropriations – – – – 100,585 – (100,585) – – – At 31 December 2020 17,183 3,805,695 – 277,100 1,035,377 7,207 3,471,344 8,613,906 (2,071) 8,611,835 Exchange differences arising on translation of foreign operations – – – – – 475 – 475 – 475 Profit for the year – – – – – – 988,098 988,098 1,487 989,585 Total comprehensive income for the year – – – – – 475 988,098 988,573 1,487 990,060 Dividends recognised as distribution (Note 15) – – – – – – (220,847) (220,847) – (220,847) Repurchase and cancellation of shares (58) (23,267) (17,653) – – – – (40,978) – (40,978) Transaction costs attributable to repurchase and cancellation of shares – – (162) – – – – (162) – (162) Appropriations – – – – 110,791 – (110,791) – – – At 31 December 2021 17,125 3,782,428 (17,815) 277,100 1,146,168 7,682 4,127,804 9,340,492 (584) 9,339,908 Notes: (a) Capital reserve represents the PRC statutory reserve which must be provided for before declaring dividends to the shareholders as approved by the board of directors in accordance with the PRC regulations applicable to the Company’s PRC subsidiaries until the fund reaches 50% of the registered capital of the respective subsidiaries. (b) Included in special reserve is an amount of RMB203,263,000 which represents the portion of registered capital of the two PRC subsidiaries contributed by certain beneficial owners of the Company. The remaining amount of RMB73,837,000 represents the difference between the carrying amount of the non-controlling interests acquired and the fair value of considerations paid for acquisition of additional interests in subsidiaries in prior years.