Holiday Inn 2014 Annual Report Download - page 106

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Group statement of changes in equity continued
Equity
share
capital
$m
Capital
redemption
reserve
$m
Shares
held by
employee
share
trusts
$m
Other
reserves
$m
Unrealised
gains and
losses
reserve
$m
Currency
translation
reserve
$m
Retained
earnings
$m
IHG share-
holders’
equity
$m
Non-
controlling
interest
$m
Total
equity
$m
At 1 January 2012 162 10 (27) (2,893) 71 189 3,035 547 8555
Profit for the year – – – – – – 537 537 1538
Other comprehensive income:
Items that may be subsequently reclassified
to profit or loss:
Gains on valuation of available-for-sale
financial assets – – – – 1 – – 1 – 1
Losses reclassified to financial expenses
on cash flow hedges – – – – 1 – – 1 – 1
Exchange differences on retranslation
of foreign operations – – – – (1) 25 –24 –24
– – – – 1 25 –26 –26
Items that will not be reclassified to profit
orloss:
Re-measurement losses on defined
benefit plans – – – – – – (10) (10) –(10)
Tax related to pension contributions – – – – – – 18 18 –18
– – – – – – 8 8 – 8
Total other comprehensive income – – – – 1 25 834 –34
Total comprehensive income for the year – – – – 1 25 545 571 1572
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 9317
All items above are shown net of tax.
Notes on pages 107 to 153 form an integral part of these Financial Statements.
IHG Annual Report and Form 20-F 2014
104
continuedGroup Financial Statements