Holiday Inn 2010 Annual Report Download - page 69

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OVERVIEW BUSINESS REVIEW
THE BOARD,
SENIOR MANAGEMENT AND
THEIR RESPONSIBILITIES
GROUP FINANCIAL
STATEMENTS
PARENT COMPANY
FINANCIAL STATEMENTS USEFUL INFORMATION
Group statement of changes in equity 67
Group statement of changes in equity continued
Shares Unrealised
Equity Capital held by gains and Currency IHG share- Non-
share redemption employee Other losses translation Retained holders’ controlling Total
capital reserve share trusts reserves reserve reserve earnings equity interest equity
$m $m $m $m $m $m $m $m $m $m
At 1 January 2009 118 10 (49) (2,890) 9 172 2,624 (6) 7 1
Profit for the year – – – – – – 213 213 1 214
Other comprehensive income:
Gains on valuation of available-
for-sale financial assets – – – – 11 – – 11 – 11
Losses reclassified to income
on impairment/disposal of
available-for-sale financial
assets – – – – 4 – – 4 – 4
Losses on cash flow hedges – – – – (7) – – (7) – (7)
Amounts reclassified to
financial expenses on cash
flow hedges – – – – 11 – – 11 – 11
Actuarial losses on defined
benefit pension plans – – – – – – (57) (57) – (57)
Change in asset restriction
on pension plans in surplus
and liability in respect of
funding commitments – – – – – – 21 21 – 21
Exchange differences on
retranslation of foreign
operations – – – – 1 43 – 44 (1) 43
Total other comprehensive income – – – – 20 43 (36) 27 (1) 26
Total comprehensive income
for the year – – – – 20 43 177 240 – 240
Issue of ordinary shares 11 – – – – – – 11 – 11
Purchase of own shares by
employee share trusts – – (6) – – – – (6) – (6)
Release of own shares by
employee share trusts – – 55 – – – (61) (6) – (6)
Equity-settled share-
based cost – – – – – – 24 24 – 24
Tax related to share schemes – – – – – – 10 10 – 10
Equity dividends paid – – – – – – (118) (118) – (118)
Exchange 13 1 (4) (10) – – – – – –
At 31 December 2009 142 11 (4) (2,900) 29 215 2,656 149 7 156
All items above are shown net of tax.
Notes on pages 70 to 108 form an integral part of these financial statements.