CapitaLand Investment Limited - Annual Report 2021

147 CapitaLand Investment Limited 146 Annual Report 2021 Consolidated Statement of Changes in Equity YEAR ENDED 31 DECEMBER 2021 The accompanying notes form an integral part of the financial statements. The Group Note 2021 2020 $’M $’M Profit/(Loss) for the year 1,560 (673) Other comprehensive income: Items that are/may be reclassified subsequently to profit or loss Exchange differences arising from translation of foreign operations and foreign currency loans forming part of net investment in foreign operations 71 189 Recognition of foreign exchange differences on disposal or liquidation of foreign operations in profit or loss (19) (1) Effective portion of change in fair value of cash flow hedges 56 (24) Recognition of hedging reserve in profit or loss 2 2 Share of other comprehensive income of associates and joint ventures 244 330 354 496 Item that will not be reclassified subsequently to profit or loss Change in fair value of equity investments at fair value through other comprehensive income (15) (30) Total other comprehensive income, net of tax 24 339 466 Total comprehensive income 1,899 (207) Attributable to: Owners of the Company 1,672 (146) Non-controlling interests 227 (61) Total comprehensive income 1,899 (207) The accompanying notes form an integral part of the financial statements. Consolidated Statement of Comprehensive Income YEAR ENDED 31 DECEMBER 2021 Share capital Revenue reserve Reserve for own shares Capital reserve # Hedging reserve Fair value reserve Asset revaluation reserve Foreign currency translation reserve Total Perpetual securities Non- controlling interests Total equity $’M $’M $’M $’M $’M $’M $’M $’M $’M $’M $’M $’M At 1 January 2021 7,926 8,916 – (4,756) (110) 52 6 (159) 11,875 396 3,463 15,734 Total comprehensive income Profit for the year – 1,349 – – – – – – 1,349 – 211 1,560 Other comprehensive income Exchange differences arising from translation of foreign operations and foreign currency loans forming part of net investment in foreign operations – – – – – – – 65 65 – 6 71 Recognition of foreign exchange differences on disposal or liquidation of foreign operations in profit or loss – – – – – – – (19) (19) – – (19) Effective portion of change in fair value of cash flow hedges – – – – 49 – – – 49 – 7 56 Recognition of hedging reserve in profit or loss – – – – 1 – – – 1 – 1 2 Share of other comprehensive income of associates and joint ventures – – – – 61 (1) – 182 242 – 2 244 Change in fair value of equity investment at fair value through other comprehensive income – – – – – (15) – – (15) – – (15) Total other comprehensive income, net of tax – – – – 111 (16) – 228 323 – 16 339 Total comprehensive income – 1,349 – – 111 (16) – 228 1,672 – 227 1,899 # Includes equity compensation reserve and other capital reserves.