NOTES TO THE FINANCIAL STATEMENTS 36. Reserves Property Cash flow Revenue Merger revaluation hedge Translation reserve reserve reserve reserve reserve Total HK$M HK$M HK$M HK$M HK$M HK$M At 1st January 2022 – as originally stated 277,961 (1,108) 2,005 28 2,820 281,706 – impact of adjustments in note 1(c) (522) – – – (9) (531) – as restated 277,439 (1,108) 2,005 28 2,811 281,175 Profit for the year 7,980 – – – – 7,980 Other comprehensive income Defined benefit plans – remeasurement gains recognised during the year 245 – – – – 245 – deferred tax (40) – – – – (40) Cash flow hedges – losses recognised during the year – – – (16) – (16) – transferred to net finance charges – – – (13) – (13) – transferred to operating profit – – – (1) – (1) – deferred tax – – – 5 – 5 Share of other comprehensive income of joint venture and associated companies – – 2 6 (1,752) (1,744) Net translation differences on foreign operations recognised during the year – – – – (3,213) (3,213) Total comprehensive income for the year 8,185 – 2 (19) (4,965) 3,203 2021 second interim dividend (note 13) (3,744) – – – – (3,744) 2022 first interim dividend (note 13) (1,872) – – – – (1,872) At 31st December 2022 280,008 (1,108) 2,007 9 (2,154) 278,762 188