NOTES TO THE FINANCIAL STATEMENTS 35. Company Statement of Financial Position and Reserves (continued) (b) The movement of the Company reserves during the year are as follows: Revenue reserve HK$M Company At 1st January 2023 97,001 Profit for the year (note 12) 5,763 Other comprehensive income Defined benefit plans – remeasurement losses recognised during the year (50) – deferred tax 8 Total comprehensive income for the year 5,721 2022 second interim dividend (note 13) (3,978) 2023 first interim dividend (note 13) (1,931) At 31st December 2023 96,813 Company At 1st January 2022 77,151 Profit for the year (note 12) 25,282 Other comprehensive income Defined benefit plans – remeasurement gains recognised during the year 221 – deferred tax (37) Total comprehensive income for the year 25,466 2021 second interim dividend (3,744) 2022 first interim dividend (note 13) (1,872) At 31st December 2022 97,001 (i) Distributable reserves of the Company at 31st December 2023 amounted to HK$96,813 million (2022: HK$97,001 million). (ii) The Company’s revenue reserve includes HK$4,212 million (2022: HK$3,978 million) representing the declared second interim dividend for the year (note 13). 198