Annual Report 2019

145 Transport International Holdings Limited 2019 Annual Report Consolidated Statement of Changes in Equity for the year ended 31 December 2019 (Expressed in Hong Kong dollars) Attributable to equity shareholders of the Company Share capital Share premium Capital reserve Other reserves Exchange reserve Hedging reserve Fair value reserve (recycling) Fair value reserve (non-recycling) Retained profits Total Note $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000 (note 29 (c)(i)) (note 29 (c)(ii)) (note 29 (c)(iii)) (note 29 (c)(iv)) (note 29 (c)(v)) (note 29 (c)(vi)) (note) Balance at 31 December 2018 and 1 January 2019 434,597 686,962 5,822 1,102,614 101,825 (1,124) (37,564) 496,663 7,405,769 10,195,564 Changes in equity for 2019: Profit for the year – – – – – – – – 605,311 605,311 Other comprehensive income for the year – – – – (10,705) – 38,198 3,907 389,781 421,181 Total comprehensive income for the year – – – – (10,705) – 38,198 3,907 995,092 1,026,492 Amounts transferred from hedging reserve to initial carrying amount of hedged items and related tax – – – – – 1,124 – – – 1,124 Shares issued in respect of scrip dividend – 2018 final dividend 29(b)(i) 8,764 190,974 – – – – – – – 199,738 Shares issued in respect of scrip dividend – 2019 interim dividend 29(b)(i) 3,197 60,505 – – – – – – – 63,702 Issuance of shares upon exercise of share options 29(b)(i) 383 9,298 (704) – – – – – – 8,977 Forfeiture of share options – – (891) – – – – – 891 – Equity-settled share-based transactions 5(a) – – (11) – – – – – – (11) Unclaimed dividends forfeited – – – – – – – – 729 729 Dividends approved in respect of the previous year 11(b) – – – – – – – – (391,482) (391,482) Dividends declared in respect of the current year 11(a) – – – – – – – – (133,123) (133,123) 12,344 260,777 (1,606) – – 1,124 – – (522,985) (250,346) Balance at 31 December 2019 446,941 947,739 4,216 1,102,614 91,120 – 634 500,570 7,877,876 10,971,710 Note: The Group has initially applied HKFRS 16 at 1 January 2019 using the modified retrospective approach. Under this approach, comparative information is not restated. See note 1(c). The notes on pages 148 to 235 form part of these financial statements.