Cathay Pacific 2000 Annual Report Download - page 45

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CATHAY PACIFIC AIRWAYS LIMITED ANNUAL REPORT 2000 43
Consolidated Statement of Recognised Gains and Losses
for the year ended 31st December 2000
Reconciliation of Movements in Consolidated
Shareholders’ Funds
for the year ended 31st December 2000
2000 1999
HK$M HK$M
Exchange differences on cash flow hedges
– recognised during the year 1,648 48
– transferred to the profit and loss account 82 71
Revaluation surpluses
– recognised during the year 11 422
– transferred to the profit and loss account –(482)
Exchange differences on foreign investments –4
Net gains not recognised in the profit and loss account 1,741 63
Profit attributable to shareholders
– as previously reported –2,191
– prior period adjustment for goodwill –(11)
Profit attributable to shareholders (1999: restated) 5,005 2,180
Total recognised gains 6,746 2,243
2000 1999
HK$M HK$M
Shareholders’ funds at 1st January – as previously reported 25,795
Prior period adjustment for goodwill 193
Shareholders’ funds at 1st January (1999: restated) 27,215 25,988
Total disclosed in statement of recognised gains and losses 6,746 2,243
Transactions with shareholders
– Dividends paid and proposed (2,182) (1,016)
– Payment for purchase of Company’s shares (461) –
– Dividends for purchased shares written back 3–
– Premium received from share options exercised 3–
Shareholders’ funds at 31st December 31,324 27,215
The notes on pages 44 to 73 form part of these accounts.