Cathay Pacific 2003 Annual Report Download - page 41

Download and view the complete annual report

Please find page 41 of the 2003 Cathay Pacific annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 76

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76

Cathay Pacific Airways Limited Annual Report 2003 39
Consolidated Statement of Changes in Equity
for the year ended 31st December 2003
The notes on pages 41 to 65 form part of these accounts.
Non-distributable
Capital Investment Cash flow
Share Retained Share redemption revaluation hedge Other
capital profit premium reserve reserve reserve reserves Total
HK$M HK$M HK$M HK$M HK$M HK$M HK$M HK$M
At 1st January 2003 667 23,250 7,207 21 412 559 (1) 32,115
Exchange differences on cash
flow hedges
-
recognised during the year
--- - -
(1,330)
-
(1,330)
-
deferred tax recognised
--- - -
90
-
90
-
transferred to profit for the year
--- - -
(89)
-
(89)
Revaluation deficit recognised
during the year
--- -
(58)
--
(58)
Net loss not recognised in the
profit and loss account
--- -
(58) (1,329)
-
(1,387)
Profit attributable to shareholders
-
1,303
-----
1,303
2002 final dividend
-
(935)
-----
(935)
2003 interim dividend
-
(100)
-----
(100)
Share options exercised
-
premium received
--
54
----
54
-
share capital issued 2
-- - ---
2
At 31st December 2003 669 23,518 7,261 21 354 (770) (1) 31,052
At 1st January 2002 666 20,541 7,162 21 306 2,599 13 31,308
Prior year adjustment for
retirement benefits
-
retirement benefit obligations
-
(605)
-----
(605)
-
investments in associated
companies
-
32
-----
32
As restated 666 19,968 7,162 21 306 2,599 13 30,735
Exchange differences on cash
flow hedges
-
recognised during the year
--- - -
(1,313)
-
(1,313)
-
transferred to profit for the year
--- - -
(727)
-
(727)
Revaluation surplus recognised
during the year
--- -
106
--
106
Exchange differences
--- - --
(14) (14)
Net loss not recognised in the
profit and loss account
--- -
106 (2,040) (14) (1,948)
Profit attributable to shareholders
-
3,983
-----
3,983
2001 final dividend
-
(167)
-----
(167)
2002 interim dividend
-
(534)
-----
(534)
Share options exercised
-
premium received
--
45
----
45
-
share capital issued 1
-- - ---
1
At 31st December 2002 667 23,250 7,207 21 412 559 (1) 32,115