Cathay Pacific 2005 Annual Report Download - page 53

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51
Cathay Pacific Airways Limited Annual Report 2005
for the year ended 31st December 2004
Minority Total
Attributable to Cathay Pacific shareholders interests equity
Non-distributable
Capital
Investment Cash flow redemption
Share Retained Share revaluation hedge reserve
capital profit premium reserve reserve and others Total
HK$M HK$M HK$M HK$M HK$M HK$M HK$M HK$M HK$M
At 31st December 2003 669 23,518 7,261 354 (770) 20 31,052 104 31,156
Prior year adjustment on
Asia Miles – (250) – – – – (250) – (250)
At 1st January 2004 669 23,268 7,261 354 (770) 20 30,802 104 30,906
Exchange differences on
cash flow hedges
– recognised during the year – – – – (966) – (966) – (966)
– deferred tax recognised – – – – 68 – 68 – 68
– transferred to profit for
the year – – – – 383 – 383 – 383
Revaluation surplus recognised
during the year – – – 139 – – 139 – 139
Exchange differences – – – – – 15 15 – 15
Capital reserve written back
on disposal of an associate – – – – – (13) (13) – (13)
Net gain/(loss) recognised
directly in equity – – – 139 (515) 2 (374) – (374)
Profit for the year – 4,417 – – – – 4,417 99 4,516
Total recognised profit/(loss)
for the year – 4,417 – 139 (515) 2 4,043 99 4,142
2003 final dividend – (1,515) – – – – (1,515) – (1,515)
2004 interim dividend – (674) – – – – (674) – (674)
Dividends paid to
minority interests – – – – – – – (69) (69)
Share options exercised 5 – 194 – – – 199 – 199
Total transactions
with shareholders 5 (2,189) 194 – – – (1,990) (69) (2,059)
At 31st December 2004 674 25,496 7,455 493 (1,285) 22 32,855 134 32,989
The notes on pages 54 to 85 form part of these accounts.
Consolidated Statement of Changes in Equity