HSBC 2006 Annual Report Download - page 421

419
2006 2005 2004
US$m US$m US$m
Movement in shareholders’ equity (US GAAP)
Balance brought forward (as previously published) ....................................... 93,524 90,082 80,251
Adoption of SFAS 155 at 1 January 2006 ...................................................... 467
Balance brought forward (restated) ................................................................. 93,991
Net income ....................................................................................................... 16,358 14,703 12,506
Dividends ......................................................................................................... (8,769) (7,750) (6,932)
Share options ................................................................................................... 735 450 234
Shares issued in lieu of dividends ................................................................... 2,525 1,811 2,607
New share capital subscribed net of costs ....................................................... – 1,405 581
Other, including movements in own shares held ............................................ 567 94 (148)
Net change in net unrealised losses on available-for-sale securities,
net of tax effect ............................................................................................ (450) (2,716) (837)
Net change in net unrealised gains on derivatives classified as cash flow
hedges, net of tax effect .............................................................................. (255) 1 (349)
Minimum pension liability adjustment, net of tax effect ................................ 340 (236) (195)
SFAS 158 transition adjustment, net of tax .................................................... (1,406) – –
Exchange differences and other movements ................................................... 4,904 (4,320) 2,364
Total other comprehensive income ................................................................. 3,133 (7,271) 983
At 31 December ............................................................................................... 108,540 93,524 90,082