Qantas 2016 Annual Report Download - page 57

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Consolidated Statement of Changes in Equity
For the year ended 30 June 2016
30 June 2016
$M
Issued
Capital
Treasury
Shares
Employee
Compensation
Reserve
Hedge
Reserve
Foreign
Currency
Translation
Reserve
Defined
Benefit
Reserve
Retained
Earnings
Non-
controlling
Interests
Total
Equity
Balance as at 1 July 2015 4,630 (7) 47 (122) (29) 38 (1,115) 53,447
TOTAL COMPREHENSIVE INCOME/(LOSS)
FOR THE YEAR
Statutory profit for the year – – – – – – 1,029 –1,029
Other comprehensive income/(loss)
Effective portion of changes in fair value
of cash flow hedges, net of tax – – – (187) – – – – (187)
Transfer of hedge reserve to the
Consolidated Income Statement, net of tax – – – 198 – – – – 198
Recognition of effective cash flow hedges
on capitalised assets, net of tax – – – (40) – – – – (40)
Net changes in hedge reserve for time value
of options, net of tax – – – 35 – – – – 35
Defined benefit actuarial losses, net of tax – – – – – (209) – – (209)
Foreign currency translation of controlled
entities – – – – 2 – – – 2
Foreign currency translation of investments
accounted for under the equity method – – – – 24 – – – 24
Share of other comprehensive income
of investments accounted for under the
equity method
– – – (2) – – – – (2)
Total other comprehensive income/(loss) – – – 4 26 (209) – – (179)
Total comprehensive income/(loss) for the year – – – 4 26 (209) 1,029 –850
TRANSACTIONS WITH OWNERS RECORDED
DIRECTLY IN EQUITY
Contributions by and distributions to owners
Share buy-back (500) – – – – – – – (500)
Capital return (505) – – – – – – – (505)
Treasury shares acquired –(75) – – – – – – (75)
Share-based payments – – 37 –– –––37
Shares vested and transferred toemployees –32 (11) – – – (15) – 6
Share-based payments unvested and lapsed – – (1) – – – 1 – –
Dividends paid to non-controlling interests – – – – – – – – –
Total contributions by and distributions
to owners (1,005) (43) 25 – – – (14) –(1,037)
Total transactions with owners (1,005) (43) 25 – – – (14) –(1,037)
Balance as at 30 June 2016 3,625 (50) 72 (118) (3) (171) (100) 53,260
The above Consolidated Statement of Changes in Equity should be read in conjunction with the accompanying notes.
55
QANTAS ANNUAL REPORT 2016