Cathay Pacific 2007 Annual Report Download - page 55

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Company Statement of Changes in Equity
for the year ended 31st December 2006
Non-distributable
Share
capital
HK$M
Retained
profit
HK$M
Share
premium
HK$M
Investment
revaluation
reserve
HK$M
Cash flow
hedge
reserve
HK$M
Capital
redemption
reserve
HK$M
Total
equity
HK$M
At 1st January 2006 676 13,192 7,531 202 65 21 21,687
Changes in cash flow hedges
– recognised during the year – – – – (669) – (669)
– deferred tax recognised – – – – 78 – 78
– transferred to profit for
the year – – – – (69) – (69)
Revaluation surplus
– recognised during the year – – – 786 – – 786
– transferred to investments
in associates – – – (188) – – (188)
Net gain/(loss) recognised directly
in equity – – – 598 (660) – (62)
Profit for the year – 3,028 – – – – 3,028
Total recognised profit/(loss)
for the year – 3,028 – 598 (660) – 2,966
2005 final dividend – (947) – – – – (947)
2006 interim dividend – (786) – – – – (786)
2006 special dividend – (1,259) – – – – (1,259)
Issue of new shares 110 – 8,659 – – – 8,769
Share options exercised 1 – 51 – – – 52
Total transactions
with shareholders 111 (2,992) 8,710 – – – 5,829
At 31st December 2006 787 13,228 16,241 800 (595) 21 30,482
The notes on pages 54 to 89 form part of these accounts.
Cathay Pacific Airways Limited Annual Report 2007 53