HSBC 2012 Annual Report Download - page 378

HSBC HOLDINGS PLC
Financial Statements (continued)
Consolidated statement of changes in equity
376
Consolidated statement of changes in equity for the year ended 31 December 2012
2012
Other reserves
Called up
share
capital
Share
premium4
Other
equity
instru-
ments
Retained
earnings
5,6,7
Available-
for-sale
fair value
reserve
Cash flow
hedging
reserve8
Foreign
exchange
reserve
Merger
reserve5,9
Total
share-
holders’
equity
Non-
controlling
interests
Total
equity
US$m US$m US$m US$m US$m US$m US$m US$m US$m US$m US$m
At 1 January .............................................................................. 8,934 8,457 5,851 111,868 (3,361) (95) (237) 27,308 158,725 7,368 166,093
Profit for the year ...................................................................... – – – 14,027 – – – – 14,027 1,307 15,334
Other comprehensive income (net of tax) ................................ – – – 321 5,010 108 989 – 6,428 106 6,534
Available-for-sale investments ............................................ – – – – 5,010 – – – 5,010 60 5,070
Cash flow hedges ................................................................. – – – – – 108 –– 108 1 109
Actuarial gains/(losses) on defined benefit plans ................ – – – (212) – – – – (212) 17 (195)
Share of other comprehensive income of associates and
joint ventures .................................................................... – – – 533 – – – – 533 –533
Exchange differences ........................................................... – – – – – – 989 – 989 28 1,017
Total comprehensive income for the year ................................ – – – 14,348 5,010 108 989 – 20,455 1,413 21,868
Shares issued under employee remuneration and
share plans ............................................................................ 119 1,812 – (1,337) – – – – 594 – 594
Shares issued in lieu of dividends and amounts arising
thereon4 ................................................................................. 185 (185) – 2,429 – – – – 2,429 – 2,429
Dividends to shareholders10 ...................................................... – – – (8,042) – – – – (8,042) (707) (8,749)
Tax credit on distributions......................................................... – – – 32 – – – – 32 – 32
Own shares adjustment ............................................................. – – – 2 – – – – 2 – 2
Cost of share-based payment arrangements ............................. – – – 988 – – – – 988 – 988
Income taxes on share-based payments ................................... – – – 42 – – – – 42 – 42
Other movements ...................................................................... – – – (26) – – – – (26) (20) (46)
Acquisition and disposal of subsidiaries .................................. – – – – – – – – – (108) (108)
Changes in ownership interests in subsidiaries that
did not result in loss of control ............................................ – – – 43 – – – – 43 (59) (16)
At 31 December ........................................................................ 9,238 10,084 5,851 120,347 1,649 13 752 27,308 175,242 7,887 183,129