Annual Report 2021

108 Consolidated Statement of Profit or Loss and Other Comprehensive Income Annual Report 2021 Miramar Hotel and Investment Company, Limited Consolidated statement of profit or loss and other comprehensive income for the year ended 31 December 2021 2021 2020 HK$’000 HK$’000 Profit for the year 335,653 308,939 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 19,427 1,454 Items that may be reclassified subsequently to profit or loss: Exchange differences on translation of the financial statements of overseas subsidiaries 20,610 65,615 40,037 67,069 Total comprehensive income for the year 375,690 376,008 Attributable to: Shareholders of the Company 362,708 356,050 Non-controlling interests 12,982 19,958 Total comprehensive income for the year 375,690 376,008 There is no tax effect relating to the above component of other comprehensive income. The notes on pages 116 to 175 form part of these financial statements.