Annual Report 2020

105 Consolidated Statement of Profit or Loss and Other Comprehensive Income Miramar Hotel and Investment Company, Limited Annual Report 2020 Consolidated statement of profit or loss and other comprehensive income for the year ended 31 December 2020 2020 2019 HK$’000 HK$’000 Profit for the year 308,939 1,336,832 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 1,454 2,745 Items that may be reclassified subsequently to profit or loss: Exchange differences on translation of the financial statements of overseas subsidiaries 65,615 (17,756) 67,069 (15,011) Total comprehensive income for the year 376,008 1,321,821 Attributable to: Shareholders of the Company 356,050 1,276,227 Non-controlling interests 19,958 45,594 Total comprehensive income for the year 376,008 1,321,821 There is no tax effect relating to the above component of other comprehensive income. The notes on pages 113 to 175 form part of these financial statements.