Holiday Inn 2012 Annual Report Download - page 88

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86 IHG Annual Report and Financial Statements 2012
Group Financial Statements continued
Group statement of changes in equity
Shares Unrealised
Equity Capital held by gains and Currency IHG share- Non-
share redemption employee Other losses translation Retained holders’ controlling Total
capital reserve share trusts reserves reserve reserve earnings equity interest equity
$m $m $m $m $m $m $m $m $m $m
At 1 January 2012 162 10 (27) (2,893) 71 189 3,035 547 8 555
Profit for the year – – – – – – 544 544 1 545
Other comprehensive income:
Gains on valuation of available-
for-sale financial assets – – – – 1 – – 1 – 1
Amounts reclassified to
financial expenses on cash
flow hedges – – – – 1 – – 1 – 1
Change in asset restriction
on pension plans in surplus
and liability in respect of
funding commitments – – – – – – (18) (18) – (18)
Exchange differences on
retranslation of foreign
operations – – – – (1) 25 – 24 – 24
Tax related to pension
contributions – – – – – – 19 19 – 19
Total other comprehensive income – – – – 1 25 1 27 – 27
Total comprehensive income
for the year – – – – 1 25 545 571 1 572
Issue of ordinary shares 10 – – – – – – 10 – 10
Repurchase of shares (1) – – – – – (106) (107) – (107)
Transfer to capital
redemption reserve – 1 – – – – (1) – – –
Transaction costs relating to
shareholder returns – – – – – – (2) (2) – (2)
Purchase of own shares by
employee share trusts – – (84) – – – – (84) – (84)
Release of own shares by
employee share trusts – – 63 – – – (63) – – –
Equity-settled share-
based cost – – – – – – 27 27 – 27
Tax related to share schemes – – – – – – 20 20 – 20
Equity dividends paid – – – – – – (679) (679) – (679)
Share of reserve in equity
accounted investment – – – – – – 5 5 – 5
Exchange adjustments 8 – – (8) – – – – – –
At 31 December 2012 179 11 (48) (2,901) 72 214 2,781 308 9 317
All items above are shown net of tax.
Notes on pages 90 to 128 form an integral part of these Financial Statements.