Holiday Inn 2014 Annual Report Download - page 104

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Group statement of changes in equity
Equity
share
capital
$m
Capital
redemption
reserve
$m
Shares
held by
employee
share
trusts
$m
Other
reserves
$m
Unrealised
gains and
losses
reserve
$m
Currency
translation
reserve
$m
Retained
earnings
$m
IHG share-
holders’
equity
$m
Non-
controlling
interest
$m
Total
equity
$m
At 1 January 2014 189 12 (38) (2,906) 100 227 2,334 (82) 8(74)
Profit for the year – – – – – – 391 391 1392
Other comprehensive income:
Items that may be subsequently reclassified
to profit or loss:
Gains on valuation of available-for-sale
financial assets – – – – 11 – – 11 –11
Exchange differences on retranslation
of foreign operations – – – – – 42 –42 –42
– – – – 11 42 –53 –53
Items that will not be reclassified to profit
orloss:
Re-measurement losses on defined
benefit plans – – – – – – (18) (18) –(18)
Tax related to pension
contributions – – – – – – 2 2 – 2
– – – – – – (16) (16) –(16)
Total other comprehensive income – – – – 11 42 (16) 37 –37
Total comprehensive income for the year – – – – 11 42 375 428 1429
Repurchase of shares – – – – – – (110) (110) –(110)
Transaction costs relating to
shareholder returns – – – – – – (1) (1) –(1)
Purchase of own shares by employee
share trusts – – (58) – – – – (58) –(58)
Release of own shares by employee
sharetrusts – – 60 – – – (60) – – –
Equity-settled share-based cost – – – – – – 28 28 –28
Tax related to share schemes – – – – – – 12 12 –12
Equity dividends paid – – – – – – (942) (942) (1) (943)
Exchange adjustments (11) – 1 10 – – – – – –
At 31 December 2014 178 12 (35) (2,896) 111 269 1,636 (725) 8(717)
All items above are shown net of tax.
Notes on pages 107 to 153 form an integral part of these Financial Statements.
IHG Annual Report and Form 20-F 2014
102
continuedGroup Financial Statements