Qantas 2016 Annual Report Download - page 58

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Consolidated Statement of Changes in Equity
For the year ended 30 June 2016
30 June 2015
$M
Issued
Capital
Treasury
Shares
Employee
Compensation
Reserve
Hedge
Reserve
Foreign
Currency
Translation
Reserve
Defined
Benefit
Reserve
Retained
Earnings
Non-
controlling
Interests
Total
Equity
Balance as at 1 July 2014 4,630 (16) 32 (72) (41) –(1,671) 42,866
TOTAL COMPREHENSIVE INCOME/(LOSS)
FOR THE YEAR
Statutory profit for the year – – – – – – 557 3560
Other comprehensive income/(loss)
Effective portion of changes in fair value of
cash flow hedges, net of tax – – – (44) – – – – (44)
Transfer of hedge reserve to the
Consolidated Income Statement, net of tax – – – 91 – – – – 91
Recognition of effective cash flow hedges
on capitalised assets, net of tax – – – (2) – – – – (2)
Net changes in hedge reserve for time value
of options, net of tax – – – (95) – – – – (95)
Defined benefit actuarial gains, net of tax – – – – – 38 – – 38
Foreign currency translation of controlled
entities – – – – 4 – – 1 5
Foreign currency translation of investments
accounted for under the equity method – – – – 5 – – – 5
Total other comprehensive income/(loss) – – – (50) 938 – 1 (2)
Total comprehensive income/(loss) for the year – – – (50) 938 557 4558
TRANSACTIONS WITH OWNERS RECORDED
DIRECTLY IN EQUITY
Contributions by and distributions to
owners
Treasury shares acquired –(1) – – – – – – (1)
Share-based payments – – 29 – – – – – 29
Shares vested and transferred to
employees –10 (8) – – – (2) – –
Share-based payments unvested and
lapsed – – (6) – – – 1 – (5)
Dividends paid to non-controlling interests – – – – – – – (4) (4)
Total contributions by and distributions
to owners – 9 15 – – – (1) (4) 19
Change in ownership interest in
subsidiaries
Deconsolidation of controlled entity – – – – 3 – – – 3
Acquisition of non-controlling interest – – – – – – – 1 1
Total change in ownership interest – – – – 3 – – 1 4
Total transactions with owners – 9 15 – 3 – (1) (3) 23
Balance as at 30 June 2015 4,630 (7) 47 (122) (29) 38 (1,115) 53,447
The above Consolidated Statement of Changes in Equity should be read in conjunction with the accompanying notes.
56
QANTAS ANNUAL REPORT 2016