HSBC 2010 Annual Report Download - page 246

HSBC HOLDINGS PLC
Financial Statements (continued)
Consolidated statement of changes in equity / HSBC Holdings balance sheet
244
Consolidated statement of changes in equity for the year ended 31 December 2010 (continued)
2008 Other reserves
Called up share capital
Share premium2
Other equity instru- ments
Retained earnings3,4
Available- for-sale fair value reserve
Cash flow hedging reserve5
Foreign exchange reserve
Share- based payment reserve
Merger reserve3,6
Total share- holders’ equity
Non- controlling interests
Total equity
US$m US$m US$m US$m US$m US$m US$m US$m US$m US$m US$m US$m
At 1 January ........................................................ 5,915 8,134 – 81,097 850 (917) 10,055 1,968 21,058 128,160 7,256 135,416
Profit for the year ................................................ – – – 5,728 – – – – – 5,728 770 6,498
Other comprehensive income (net of tax) .......... – – – (1,605) (21,474) 106 (11,898) – – (34,871) (766) (35,637)
Available-for-sale investments ........................... – – – – (21,474) – – – – (21,474) (430) (21,904)
Cash flow hedges ................................................ – – – – – 106 – – – 106 18 124 Actuarial gains/(losses) on defined benefit
plans ................................................................ – – – (1,046) – – – – – (1,046) (129) (1,175)
Share of other comprehensive income of
associates and joint ventures .......................... – – – (559) – – – – – (559) – (559)
Exchange differences ......................................... – – – – – – (11,898) – – (11,898) (225) (12,123) Total comprehensive income for the year .......... – – – 4,123 (21,474) 106 (11,898) – – (29,143) 4 (29,139)
Shares issued under employee share plans ........ 20 450 – – – – – – – 470 – 470 Shares issued in lieu of dividends and
amounts arising thereon2 ................................ 118
(121) – 3,596 – – – – – 3,593 – 3,593
Capital securities issued7 .................................... – – 2,133 – – – – – – 2,133 – 2,133
Dividends to shareholders .................................. – – – (11,301) – – – – – (11,301) (813) (12,114)
Own shares adjustment ....................................... – – – (1,002) – – – – – (1,002) – (1,002)
Exercise and lapse of share options and
vesting of share awards .................................. – – –
827 – – – (848) – (21) – (21)
Cost of share-based payment arrangements ....... – – – – – – – 819 – 819 – 819 Other movements ................................................ – – – (252) 74 5 – 56 – (117) 73 (44)
Transfers6 ............................................................ – – – 3,601 – – – – (3,601) – – –
Acquisition and disposal of subsidiaries ............. – – – – – – – – – – (33) (33)
Change in ownership interests in subsidiaries
that did not result in loss of control ............... – – – – – – – – – – 151 151
At 31 December .................................................. 6,053 8,463 2,133 80,689 (20,550) (806) (1,843) 1,995 17,457 93,591 6,638 100,229 Dividends per ordinary share at 31 December 2010 were US$0.34 (2009: US$0.34; 2008: US$0.93). For footnotes, see page 249. The accompanying notes on pages 250 to 370, ‘Critical accounting policies’ on pages 33 to 36, the audited sections of ‘Risk’ on pages 86 to 176 and the audited sections of ‘Capital’ on pages 177 to 182
form an integral part of these financial statements.