Air New Zealand 2016 Annual Report Download - page 6

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The accompanying accounting policies and notes form part of these financial statements.4
AIR NEW ZEAL AND ANNUAL FINANCIAL RESULTS 2016
Statement of Changes in Equity
For the year to 30 June 2016
NOTES
SHARE
CAPITAL
$M
HEDGE
RESERVES
$M
INVESTMENT
REVALUATION
RESERVE
$M
FOREIGN
CURRENCY
TRANSLATION
RESERVE
$M
GENERAL
RESERVES
$M
TOTAL
EQUITY
$M
Balance as at 1 July 2015 2,286 74 -(44) (351) 1,965
Net profit for the year
Other comprehensive income for the year
-
-
-
(83)
-
-
-
29
463
(8)
463
(62)
Total Comprehensive Income for the Year - (83) - 29 455 401
Transactions with Owners:
Equity-settled share-based payments
Equity settlements of long-term incentive obligations
Dividends on Ordinary Shares
Share of equity accounted associates’ reserves
(net of taxation)
Cessation of equity accounting
19
19
18
5
(39)
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
(219)
(1)
(4)
5
(39)
(219)
(1)
(4)
Total Transactions with Owners (34) - - - (224) (258)
Balance as at 30 June 2016 2,252 (9) - (15) (120) 2,108
NOTES
SHARE
CAPITAL
$M
HEDGE
RESERVES
$M
INVESTMENT
REVALUATION
RESERVE
$M
FOREIGN
CURRENCY
TRANSLATION
RESERVE
$M
GENERAL
RESERVES
$M
TOTAL
EQUITY
$M
Balance as at 1 July 2014 2,282 48 (65) (23) (370) 1,872
Net profit for the year
Other comprehensive income for the year
Reclassification upon acquisition of associate
-
-
-
-
26
-
-
(5)
70
-
(21)
-
327
3
(70)
327
3
-
Total Comprehensive Income for the Year - 26 65 (21) 260 330
Transactions with Owners:
Equity-settled share-based payments
Dividends on Ordinary Shares
Share of equity accounted associates’ reserves
(net of taxation)
19
18
4
-
-
-
-
-
-
-
-
-
-
-
-
(246)
5
4
(246)
5
Total Transactions with Owners 4 - - - (241) (237)
Balance as at 30 June 2015 2,286 74 - (44) (351) 1,965