HSBC 2009 Annual Report Download - page 361

359
2007
Other reserves
Called up share capital
Share premium4
Retained earnings3,5
Available- for-sale fair value reserve
Cash flow hedging reserve6
Foreign exchange reserve
Share- based payment reserve
Merger reserve3,7
Total share- holders’ equity
Minority interests
Total equity
US$m US$m US$m US$m US$m US$m US$m US$m US$m US$m US$m
At 1 January .............................................................................. 5,786 7,789 65,397 2,005 (101) 4,307 2,111 21,058 108,352 6,576 114,928
Profit for the year ...................................................................... – – 19,133 – – – – – 19,133 1,322 20,455
Other comprehensive income (net of tax) ................................ – – 1,951 (1,156) (810) 5,748 – – 5,733 346 6,079
Available-for-sale investments ................................................. – – – (1,156) – – – – (1,156) 183 (973)
Cash flow hedges ...................................................................... – – – – (810) – – – (810) 19 (791) Actuarial gains/(losses) on defined benefit plans .................... – – 1,579 – – – – – 1,579 (54) 1,525 Share of other comprehensive income of associates and
joint ventures ........................................................................ – – 372 – – – – – 372 – 372
Exchange differences ............................................................... – – – – – 5,748 – – 5,748 198 5,946 Total comprehensive income for year ...................................... – – 21,084 (1,156) (810) 5,748 – – 24,866 1,668 26,534 Shares issued under employee share plans .............................. 17 460 – – – – – – 477 – 477
Shares issued in lieu of dividends and amounts
arising thereon4 ..................................................................... 112 (115) 4,354 – – – – – 4,351 – 4,351
Dividends to shareholders ......................................................... – – (10,241) – – – – – (10,241) (788) (11,029)
Own shares adjustment ............................................................. – – (510) – – – – – (510) – (510)
Exercise and lapse of share options and vesting of
share awards ......................................................................... – – 758 – – – (751) – 7 – 7
Cost of share-based payment arrangements ............................. – – – – – – 870 – 870 – 870
Income taxes on share-based payments ................................... – – (65) – – – – – (65) – (65) Other movements ...................................................................... – – 320 1 (6) – (262) – 53 (91) (38)
Net increase in minority interest arising on acquisitions,
disposals and capital issuance .............................................. – – – – – – – – – (109) (109)
At 31 December ........................................................................ 5,915 8,134 81,097 850 (917) 10,055 1,968 21,058 128,160 7,256 135,416 Dividends per ordinary share at 31 December 2009 were US$0.34 (2008: US$0.93; 2007: US$0.87).
For footnotes, see page 364. The accompanying notes on pages 365 to 471, the audited sections of ‘Report of the Directors: Risk’ on pages 196 to 293, ‘Critical accounting policies’ on pages 61 to 65 and the audited sections of ‘Report
of the Directors: Impact of Market Turmoil’ on pages 151 to 195 form an integral part of these financial statements.