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  • Financial Statements
  • Consolidated Statement of Comprehensive Income

CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME

 

 

For the year ended 31 December

 

Note

2019

HK$ million

2018

HK$ million

Profit for the year

 

78,188

75,025

Other comprehensive loss for the year (after tax and reclassification adjustments)

17

 

 

Items that may be reclassified subsequently to profit or loss:

 

 

 

Fair value changes on financial assets at fair value through other comprehensive income

 

1,948

11,885

Loss allowance changes on financial assets at fair value through other comprehensive income

 

780

166

Cash flow hedge: net movement in the hedging reserve

 

(588)

234

Share of other comprehensive income/(loss) of associates and joint ventures

 

85

(1,938)

Exchange differences on translation of financial statements and others

 

(19,027)

(34,735)

Items that will not be reclassified subsequently 
  to profit or loss:

 

 

 

Reclassification of owner-occupied property as investment property: revaluation gain

 

1,117

164

Fair value changes on investments in equity instruments designated at fair value through other comprehensive income

 

(436)

(844)

Other comprehensive loss for the year, net of tax

 

(16,121)

(25,068)

Total comprehensive income for the year

 

62,067

49,957

Attributable to:

 

 

 

-Ordinary shareholders of the Company

 

43,656

32,081

-Holders of perpetual capital securities

 

-

600

-Non-controlling interests

 

18,411

17,276

Total comprehensive income for the year

 

62,067

49,957

The notes form part of these consolidated financial statements.