Annual Report 2019

102 Annual Report 2019 Miramar Hotel and Investment Company, Limited Consolidated Statement of Profit or Loss and Other Comprehensive Income Consolidated statement of profit or loss and other comprehensive income for the year ended 31 December 2019 2019 2018 HK$’000 HK$’000 Profit for the year 1,336,832 1,659,511 Other comprehensive income for the year (after tax and reclassification adjustments): Items that will not be reclassified to profit or loss: Equity securities designated at fair value through other comprehensive income (“FVOCI”): – changes in fair value 2,745 (15,095) Items that may be reclassified subsequently to profit or loss: Exchange differences on translation of the financial statements of overseas subsidiaries (17,756) (29,326) Reclassification adjustments for amounts transferred to profit or loss on liquidation of a subsidiary – (16,589) (15,011) (61,010) Total comprehensive income for the year 1,321,821 1,598,501 Attributable to: Shareholders of the Company 1,276,227 1,570,224 Non-controlling interests 45,594 28,277 Total comprehensive income for the year 1,321,821 1,598,501 There is no tax effect relating to the above component of other comprehensive income. The notes on pages 110 to 176 form part of these financial statements.