Annual Report 2019

China Merchants China Direct Investments Limited Annual Report 2019 120 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) For the year ended 31 December 2019 24. SHARE CAPITAL OF THE COMPANY Number of shares US$ Issued and fully paid: At 1 January and 31 December 2018, 1 January and 31 December 2019 – Ordinary shares with no par value 152,333,013 139,348,785 25. RESERVES OF THE COMPANY Exchange reserve and retained profits US$ Balance at 1 January 2018 134,952,409 Loss for the year (17,527,102) Exchange difference (309,784) Total comprehensive expense for the year (17,836,886) 2017 final dividend paid (9,139,981) 2018 special interim dividend paid (7,616,651) Balance at 1 January 2019 100,358,891 Profit for the year 12,856,619 Exchange difference (1,191,132) Total comprehensive income for the year 11,665,487 2018 final and special dividends paid (18,279,962) Balance at 31 December 2019 93,744,416