# 12 CAPITAL, RESERVES AND DIVIDENDS

# (a) Movements in components of equity

The reconciliation between the opening and closing balances of each component of the Group’s consolidated equity is set out in the consolidated statement of changes in equity. Details of the changes in the Company’s individual components of equity between the beginning and the end of the year are set out below:

<table><tr><td rowspan="2"></td><td>Share cailpta</td><td>Cailpta 
reserve</td><td>PRC statutory 
reserve</td><td>Retained
 profits</td><td>Total</td></tr><tr><td>RMB’000</td><td>RMB’000</td><td>RMB’000</td><td>RMB’000</td><td>RMB’000</td></tr><tr><td>Balance at 1 January 
2019</td><td>1,074,358</td><td>3161,02</td><td>57,606</td><td>212,868</td><td>1,660,934</td></tr><tr><td>Changes in equity for 
2019</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Total comprehensive 
income for the year</td><td>–</td><td>–</td><td>–</td><td>38141,</td><td>38141,</td></tr><tr><td>Transfer to statutory 
reserve</td><td>–</td><td>–</td><td>3,814</td><td>(3,814)</td><td>–</td></tr><tr><td>Dividends approved 
in respect of the 
previous year</td><td>–</td><td>–</td><td>–</td><td>(91,320)</td><td>(91,320)</td></tr><tr><td>Balance at 31 
December 2019 and 
1 January 2020</td><td>1,074,358</td><td>3161,02</td><td>6142,0</td><td>155,875</td><td>1,607,755</td></tr><tr><td>Changes in equity for 
2020</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Total comprehensive 
income for the year</td><td>–</td><td>–</td><td>–</td><td>167,084</td><td>167,084</td></tr><tr><td>Transfer to statutory 
reserve</td><td>–</td><td>–</td><td>16,708</td><td>(16,708)</td><td>–</td></tr><tr><td>Dividends approved 
in respect of the 
previous year</td><td>–</td><td>–</td><td>–</td><td>(1074,36)</td><td>(1074,36)</td></tr><tr><td>Balance at 31 
December 2020</td><td>1,074,358</td><td>3161,02</td><td>7812,8</td><td>198,815</td><td>1,6674,03</td></tr></table>

# (b) Dividends

# (i) Dividends payable to equity shareholder of the Company attributable to the year:

<table><tr><td rowspan="2"></td><td>2020</td><td>2019</td></tr><tr><td>RMB’000</td><td>RMB’000</td></tr><tr><td>Final dividend proposed after the end of 
the year of RMB0.12 per ordinary share 
(2019: RMB0.1 per ordinary share)</td><td>128,923</td><td>107,436</td></tr></table>

On 24 March 2021, a dividend for the year ended 31 December 2020 of approximately RMB128,923 thousand, representing RMB0.12 per share was proposed by the Board of Directors of the Company. Such dividend is to be approved by the shareholders at the Annual General Meeting of the Company. The final dividend proposed after the end of the reporting period has not been recognised as a liability at the end of the reporting period.

# (ii) Dividends payable to equity shareholder of the Company attributable to the previous financial year, approved and paid during the year:

<table><tr><td rowspan="2"></td><td>2020</td><td>2019</td></tr><tr><td>RMB’000</td><td>RMB’000</td></tr><tr><td>Final dividend in respect of the previous 
financial year, approved and paid during 
the year</td><td>107,436</td><td>91,320</td></tr></table>

On 17 June 2020, a dividend for the year ended 31 December 2019 of approximately RMB107,436 thousand, representing RMB0.1 per share was approved by the shareholders at the Annual General Meeting of the Company.