139 SWIRE PROPERTIES ANNUAL REPORT 2024 2024 HK$M 2023 HK$M (Loss)/Profit for the year (601) 2,751 Other comprehensive income Items that will not be reclassified to profit or loss Revaluation of properties previously occupied by the Group – gains recognised during the year 1 46 – deferred tax – (11) Defined benefit plans – remeasurement gains/(losses) recognised during the year 132 (56) – deferred tax (22) 9 Net translation differences recognised during the year (59) (25) 52 (37) Items that may be reclassified subsequently to profit or loss Cash flow hedges – gains/(losses) recognised during the year 120 (38) – transferred to net finance charges (55) (41) – deferred tax (10) 13 Share of other comprehensive income of joint venture and associated companies – recognised during the year (856) (103) – reclassified to profit or loss on deemed disposal – 228 Net translation differences recognised during the year (1,347) (904) (2,148) (845) Other comprehensive income for the year, net of tax (2,096) (882) Total comprehensive income for the year (2,697) 1,869 Total comprehensive income attributable to: The Company’s shareholders (2,803) 1,780 Non-controlling interests 106 89 (2,697) 1,869 The above consolidated statement of other comprehensive income should be read in conjunction with the accompanying notes. CONSOLIDATED STATEMENT OF OTHER COMPREHENSIVE INCOME For the year ended 31st December 2024