CITIC Limited Half-Year Report 2020

57 CITIC Limited Half-Year Report 2020 For the six months ended 30 June 2020 Notes to the Consolidated Financial Statements 13 Other comprehensive loss Components of other comprehensive loss Six months ended 30 June 2020 2019 HK$ million HK$ million Items that may be reclassified subsequently to profit or loss: Fair value gains on debt instruments at FVOCI 1,779 2,743 Less: Net amounts previously recognised in other comprehensive  income transferred to profit or loss in the current period (4,169) (2,715) Tax effect 622 72 (1,768) 100 Allowance change for impairment losses on debt investments at FVOCI 609 584 Less: Net amounts previously recognised in other comprehensive  income transferred to profit or loss in the current period – – Tax effect (137) (201) 472 383 Loss arising from cash flow hedge (941) (439) Less: Net amounts previously recognised in other comprehensive  loss/(income) transferred to profit or loss in the current  period 43 (22) Tax effect 85 63 (813) (398) Share of other comprehensive loss of associates and joint ventures (853) (734) Exchange differences on translation of financial statements and others (15,888) (4,252) Items that will not be reclassified subsequently to profit or loss: Reclassification of owner-occupied property as investment property: revaluation gain 59 – Less: Tax effect – – 59 – Fair value changes on investments in equity instruments designated at FVOCI 37 366 Less: Tax effect – (15) 37 351 (18,754) (4,550)