Cathay Pacific 2007 Annual Report Download - page 52

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Consolidated Statement of Changes in Equity
for the year ended 31st December 2007
Attributable to Cathay Pacific shareholders
Minority
interests
Total
equity
Non-distributable
Share
capital
HK$M
Retained
profit
HK$M
Share
premium
HK$M
Investment
revaluation
reserve
HK$M
Cash
flow
hedge
reserve
HK$M
Capital
redemption
reserve
and others
HK$M
Total
HK$M HK$M HK$M
At 31st December 2006 787 28,200 16,241 906 (642) 62 45,554 152 45,706
Adjustment to fair values of
assets and liabilities
acquired in prior period – (207) – – – 39 (168) – (168)
At 1st January 2007 (restated) 787 27,993 16,241 906 (642) 101 45,386 152 45,538
Changes in cash flow hedges
– recognised during the year – – – – (249) – (249) – (249)
– deferred tax recognised – – – – 16 – 16 – 16
– transferred to profit for
the year – – – – 176 – 176 – 176
Revaluation surplus
recognised during the year – – – 162 – – 162 – 162
Share of reserves of
associates (note 21) – – – – 22 (331) (309) – (309)
Exchange differences – – – – – 557 557 – 557
Net gain/(loss) recognised
directly in equity – – – 162 (35) 226 353 – 353
Profit for the year – 7,023 – – – – 7,023 187 7,210
Total recognised profit/(loss)
for the year – 7,023 – 162 (35) 226 7,376 187 7,563
2006 final dividend – (1,260) – – – – (1,260) – (1,260)
2007 interim dividend – (985) – – – – (985) – (985)
Dividends paid to
minority interests – – – – – – – (161) (161)
Share options exercised 1 – 31 – – – 32 – 32
Total transactions
with shareholders 1 (2,245) 31 – – – (2,213) (161) (2,374)
At 31st December 2007 788 32,771 16,272 1,068 (677) 327 50,549 178 50,727
The notes on pages 54 to 89 form part of these accounts.
Cathay Pacific Airways Limited Annual Report 2007
50