Cathay Pacific 2002 Annual Report Download - page 41

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38 Cathay Pacific Airways Limited Annual Report 2002
Non-distributable
Capital Investment Cash flow
Share Retained Share redemption revaluation hedge
capital profit premium reserve reserve reserve Total
HK$M HK$M HK$M HK$M HK$M HK$M HK$M
At 1st January 2002 666 10,439 7,162 21 330 2,940 21,558
Prior year adjustment for
retirement benefits
-
(605)
----
(605)
As restated 666 9,834 7,162 21 330 2,940 20,953
Exchange differences on cash flow hedges
-
recognised during the year
--- - -
(1,478) (1,478)
-
transferred to profit for the year
--- - -
(765) (765)
Revaluation surplus recognised
during the year
--- -
100
-
100
Net loss not recognised in the
profit and loss account
--- -
100 (2,243) (2,143)
Profit for the year
-
2,865
----
2,865
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 11,998 7,207 21 430 697 21,020
At 1st January 2001 670 12,882 7,161 17 1,015 2,093 23,838
Exchange differences on cash flow hedges
-
recognised during the year
--- - -
1,403 1,403
-
transferred to profit for the year
--- - -
(556) (556)
Revaluation deficit recognised
during the year
--- -
(236)
-
(236)
Revaluation surplus transferred
to profit for the year on disposal
--- -
(449)
-
(449)
Net gain not recognised in the
profit and loss account
--- -
(685) 847 162
Loss for the year
-
(268)
----
(268)
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 10,439 7,162 21 330 2,940 21,558
Company Statement of Changes in Equity
for the year ended 31st December 2002
The notes on pages 39 to 61 form part of these accounts.