Cathay Pacific 2002 Annual Report Download - page 40

Download and view the complete annual report

Please find page 40 of the 2002 Cathay Pacific annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 73

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73

Cathay Pacific Airways Limited Annual Report 2002 37
Consolidated Statement of Changes in Equity
for the year ended 31st December 2002
Non-distributable
Capital Investment Cash flow
Share Retained Share redemption revaluation hedge Other
capital profit premium reserve reserve reserve reserves Total
HK$M HK$M HK$M HK$M HK$M HK$M HK$M HK$M
At 1st January 2002 666 20,541 7,162 21 306 2,599 13 31,308
Prior year adjustment for
retirement benefits
-
retirement benefit obligations
-
(605)
-----
(605)
-
investments in associated
companies
-
32
-----
32
As restated 666 19,968 7,162 21 306 2,599 13 30,735
Exchange differences on cash
flow hedges
-
recognised during the year
--- - -
(1,313)
-
(1,313)
-
transferred to profit for
the year
--- - -
(727)
-
(727)
Revaluation surplus recognised
during the year
--- -
106
--
106
Exchange differences
--- - --
(14) (14)
Net loss not recognised in the
profit and loss account
--- -
106 (2,040) (14) (1,948)
Profit attributable to shareholders
-
3,983
-----
3,983
2001 final dividend
-
(167)
-----
(167)
2002 interim dividend
-
(534)
-----
(534)
Share options exercised
-
premium received
--
45
----
45
-
share capital issued 1
-- - ---
1
At 31st December 2002 667 23,250 7,207 21 412 559 (1) 32,115
At 1st January 2001 670 22,059 7,161 17 984 1,915 26 32,832
Exchange differences on cash
flow hedges
-
recognised during the year
--- - -
1,231
-
1,231
-
transferred to profit for
the year
--- - -
(547)
-
(547)
Revaluation deficit recognised
during the year
--- -
(226)
--
(226)
Revaluation surplus transferred
to profit for the year on disposal
--- -
(452)
--
(452)
Exchange differences
--- - --
(13) (13)
Net loss not recognised in the
profit and loss account
--- -
(678) 684 (13) (7)
Profit for the year
-
657
-----
657
2000 final dividend
-
(1,499)
-----
(1,499)
2001 interim dividend
-
(416)
-----
(416)
Purchase of Company’s shares
-
premium paid on purchase
-
(256)
-----
(256)
-
share capital repurchased (4)
-- - ---
(4)
-
transfer between reserves
-
(4)
-
4
----
Premium received from share
options exercised
--
1
----
1
At 31st December 2001 666 20,541 7,162 21 306 2,599 13 31,308
The notes on pages 39 to 61 form part of these accounts.