Cathay Pacific 2001 Annual Report Download - page 37

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Cathay Pacific Airways Limited Annual Report 2001 35
2001 2000
HK$M HK$M
Exchange differences on cash flow hedges
-
recognised during the year 1,231 1,648
-
transferred to the profit and loss account (547) 82
Revaluation (deficit)/surplus recognised during the year (226) 11
Revaluation surplus transferred to the profit and loss account (452)
-
Exchange differences on foreign investments (13)
-
Net (losses)/gains not recognised in the profit and loss account (7) 1,741
Profit attributable to shareholders 657 5,005
Total recognised gains 650 6,746
CONSOLIDATED STATEMENT OF RECOGNISED
GAINS AND LOSSES
for the year ended 31st December 2001
2001 2000
HK$M HK$M
Shareholders’ funds at 1st January
-
as previously reported 27,215
Prior period adjustment for dividend 914
Shareholders’ funds at 1st January (2000: restated) 32,832 28,129
Tot al disclosed in statement of recognised gains and losses 650 6,746
Transactions with shareholders
-
Dividends paid (note 8) (1,915) (1,585)
-
Payment for purchase of Company’s shares (260) (461)
-
Premium received from share options exercised 13
Shareholders’ funds at 31st December 31,308 32,832
RECONCILIATION OF MOVEMENTS IN CONSOLIDATED
SHAREHOLDERS’ FUNDS
for the year ended 31st December 2001
The notes on pages 36 to 61 form part of these accounts.