ESR AR 2019 EN

Consolidated Statement of Changes in Equity For the year ended 31 December 2019 126 Focused Attributable to owners of the Company Issued capital Share premium* Statutory reserve* Merger reserve* Share option reserve* Exchange Fluctuation reserve* Retained profits* Investment reserve (non- recycling)* Equity component of redeemable convertible preference shares Perpetual capital instrument Other reserve* Total Non- controlling interests Total equity (note 41) (note 41) (note 44) (note 44) (note 42) (note 44) (note 31) USD’000 USD’000 USD’000 USD’000 USD’000 USD’000 USD’000 USD’000 USD’000 USD’000 USD’000 USD’000 USD’000 USD’000 As at 1 January 2019 2,689 1,370,398 935 56,358 25,341 (88,088) 588,788 (893) 37,132 97,379 – 2,090,039 227,883 2,317,922 Profit for the year – – – – – – 245,177 – – – – 245,177 33,223 278,400 Change in fair value of financial assets at fair value through other comprehensive income – – – – – – – 61,664 – – – 61,664 1,707 63,371 Exchange differences on translation of foreign operations – – – – – (33,432) – – – – – (33,432) 1,866 (31,566) Share of other comprehensive loss of joint ventures – – – – – (16,003) – – – – – (16,003) – (16,003) Total comprehensive income for the year – – – – – (49,435) 245,177 61,664 – – – 257,406 36,796 294,202 Transferred from retained profit – – 1,542 – – – (1,542) – – – – – – – Transfer of fair value reserve of equity instruments designated at fair value through other comprehensive income – – – – – – 66 (66) – – – – – – Profit attributable to holders of perpetual capital securities (note 43) – – – – – – (8,250) – – 8,250 – – – – Distribution paid to holders of perpetual capital securities (note 43) – – – – – – – – – (8,250) – (8,250) – (8,250) Acquisition of subsidiaries (note 34) – – – – – – 11,125 (11,125) – – – – 798 798 Disposal of subsidiaries – – (724) – – 4,901 – – – – – 4,177 – 4,177 Contribution from non-controlling interests – – – – – – 21,220 – – – – 21,220 47,166 68,386 Acquisition of non-controlling interests – – – – – – 1,474 – – – – 1,474 (6,782) (5,308) Distribution to non-controlling interests of subsidiaries – – – – – – – – – – – – (80,655) (80,655) Dividend distribution to non-controlling interests of subsidiaries – – – – – – – – – – – – (348) (348) Issue of new shares pursuant to Global Offering (note 41) 280 601,004 – – – – – – – – – 601,284 – 601,284 Share issue expenses (note 41) – (11,958) – – – – – – – – – (11,958) – (11,958) Issue of shares upon conversion of convertible preference shares 49 75,498 – – – – – – (7,914) – – 67,633 – 67,633 Issue of shares upon exercise of share options 19 7,584 – – (7,603) – – – – – – – – – Redemption of convertible preference shares – – – – – – – – (29,218) – 29,218 – – – Settlement of share options by cash – – – – (10,391) – (4,849) – – – – (15,240) – (15,240) Transfer of share options reserve upon the forfeiture of share option – – – – (15) – 15 – – – – – – – Equity-settled share option arrangement (note 42) – – – – 18,469 – – – – – – 18,469 – 18,469 As at 31 December 2019 3,037 2,042,526 1,753 56,358 25,801 (132,622) 853,224 49,580 – 97,379 29,218 3,026,254 224,858 3,251,112 * These reserve accounts comprise the consolidated reserves of USD2,925,838,000 in the consolidated statement of financial position as at 31 December 2019 (2018: USD1,952,839,000).