Qantas 2010 Annual Report Download - page 52

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THE QANTAS GROUP 50
for the year ended 30 June 2010
Consolidated Statement of Changes in Equity
Qantas Group
$M
Issued
Capital
Treasury
Shares
Employee
Compensation
Reserve
Hedge
Reserve
Foreign
Currency
Translation
Reserve
Retained
Earnings
Non-
controlling
Interest
Total
Equity
Balance as at 1 July 2008 3,976 (61) 53 421 (24) 1,366 4 5,735
TOTAL COMPREHENSIVE INCOME FOR THE YEAR
Statutory pro t for the year – – – – – 117 6 123
Other comprehensive income
Transfer of hedge reserve to the Income Statement,
net of tax – – – (81) – – – (81)
Recognition of effective cash  ow hedges on
capitalised assets, net of tax – – – (61) – – – (61)
Effective portion of changes in fair value of cash
ow hedges, net of tax – – – (300) – – – (300)
Foreign currency translation of controlled entities – – – – 8 – – 8
Hedge reserve movement of associates, net of tax – – – (8) – – – (8)
Total other comprehensive income – – – (450) 8 – – (442)
Total comprehensive income for the year – – – (450) 8 117 6 (319)
TRANSACTIONS WITH OWNERS RECORDED
DIRECTLY IN EQUITY
Contributions by and distributions to owners
Shares issued 517 – – – – – – 517
Own shares acquired – (58) – – – – – (58)
Share-based payments – – 59 – – – – 59
Shares vested to employees – 61 (60) – – (1) – –
Dividends declared 236 – – – – (439) (5) (208)
Total contributions by and distributions to owners 753 3 (1) – – (440) (5) 310
Change in ownership interests in subsidiaries
Non-controlling interest in controlled entities acquired – – – – – – 39 39
Total change in ownership interests in subsidiaries – – – – – – 39 39
Total transactions with owners 753 3 (1) – – (440) 34 349
Balance as at 30 June 2009 4,729 (58) 52 (29) (16) 1,043 44 5,765
TOTAL COMPREHENSIVE INCOME FOR THE YEAR
Statutory pro t for the year – – – – – 112 4 116
Other comprehensive income
Transfer of hedge reserve to the Income Statement,
net of tax – – – 122 – – – 122
Recognition of effective cash  ow hedges on
capitalised assets, net of tax – – – 120 – – – 120
Effective portion of changes in fair value of cash
ow hedges, net of tax – – – (135) – – – (135)
Foreign currency translation of controlled entities – – – – (3) – – (3)
Foreign currency translation of associates – – – – (10) – – (10)
Hedge reserve movement of associates, net of tax – – – 7 – – – 7
Total other comprehensive income – – – 114 (13) – – 101
Total comprehensive income for the year – – – 114 (13) 112 4 217
TRANSACTIONS WITH OWNERS RECORDED
DIRECTLY IN EQUITY
Contributions by and distributions to owners
Own shares acquired – (16) – – – – – (16)
Share-based payments – – 21 – – – – 21
Shares vested to employees – 20 (20) – ––––
Dividends declared – – – – – – (4) (4)
Total contributions by and distributions to owners – 4 1 – – – (4) 1
Change in ownership interest in subsidiaries
Return of capital to non-controlling interest by
controlled entity – – – – – – (2) (2)
Total change in ownership interest in subsidiaries – – – – – – (2) (2)
Total transactions with owners – 4 1 – – – (6) (1)
Balance as at 30 June 2010 4,729 (54) 53 85 (29) 1,155 42 5,981
The above Consolidated Statement of Changes of Equity should be read in conjunction with the accompanying notes.