2006 Annual Report - Lopez Holdings Corporation

48
A n n u a l R e p o r t 2 0 0 6
- 2 -
2006
Years Ended December 31
2005 2004
Attributable to:
Equity holders of the parent P=4,213 P=732 (P=1,205)
Minority interests 405 407 (625)
P=4,618 P=1,139 (P=1,830)
Earnings (Loss) Per Share (Note 29)
Basic
For income (loss) for the year attributable
to equity holders of the Parent P=0.9196 P=0.1598 (P=0.2630)
For income from continuing operations attributable
to equity holders of the Parent 0.9196 0.0640 0.0657
For income (loss) from discontinued operations
attributable to equity holders of the Parent – 0.0958 (0.3287)
Diluted
For income (loss) for the year attributable
to equity holders of the Parent P=0.9191 P=0.1598 (P=0.2630)
See accompanying Notes to Consolidated Financial Statements.
*SGVMC209576*
BENPRES HOLDINGS CORPORATION AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY
(Amounts in Millions)
Capital
Stock
(Note 31)
Total Equity Attributable to Equity Holders of the Parent
Additional
Paid-In
Share in
Equity
Adjustment
from
Translation
Unrealized
Gain on
Fair Value
Adjustments
of Availablefor-sale
Investments Deficit Total
Minority Total
Capital
Interests Equity
At December 31, 2005
Equity adjustment from
P=4,581 P=6,766 P=233 P=396 (P=9,239) P=2,737 P=5,946 P=8,683
translation during the year
Adjustment for unrealized gain
on fair value adjustment of
– – (722) – – (722) (132) (854)
available-for-sale investments
Total expense for the year
– – – 635 – 635 – 635
directly recognized in equity – – (722) 635 – (87) (132) (219)
Net income for the year – – – – 4,213 4,213 405 4,618
Issuance of treasury shares
Total income and expense
– – – – – – 22 22
for the year – – ( 722) 635 4,213 4,126 295 4,421
At December 31, 2006 P=4,581 P=6,766 (P=489) P=1,031 (P=5,026) P=6,863 P=6,241 P=13,104
At December 31, 2004, as
reported P=4,581 P=6,766 P=820 P=– (P=10,214) P=1,953 P=6,030 P=7,983
Effect of adoption of PAS 39
(Note 4) – – 77 1,044 243 1,364 29 1,393
At December 31, 2004, as
restated 4,581 6,766 897 1,044 (9,971) 3,317 6,059 9,376
Equity adjustment from
translation during the year – – (664) – – (664) (43) (707)
Adjustment for unrealized gain
on fair value adjustment of
available-for-sale investments – – – (648) – (648) – (648)
Total expense for the year
directly recognized in equity – – (664) (648) – (1,312) (43) (1,355)
Net income for the year – – – – 732 732 407 1,139
Total income and expense
for the year – – (664) (648) 732 (580) 364 ( 216)
Minority interest attributable to
deconsolidated subsidiary – – – – – – (477) (477)
At December 31, 2005 P=4,581 P=6,766 P=233 P=396 (P=9,239) P=2,737 P=5,946 P=8,683
At December 31, 2003 P=4,581 P=6,766 P=53 P=– (P=9,009) P=2,391 P=6,489 P=8,880
Equity adjustment from
translation during the year – – 767 – – 767 3 770
Net loss for the year – – – – (1,205) (1,205) (625) (1,830)
Total income and expense
for the year – – 767 – (1,205) (438) (622) (1,060)
Minority interest – – – – – – 88 88
Deposit for future stock
subscription – – – – – – 287 287
Dividends – – – – – – (212) (212)
At December 31, 2004 P=4,581 P=6,766 P=820 P=– (P=10,214) P=1,953 P=6,030 P=7,983
See accompanying Notes to Consolidated Financial Statements.
A n n u a l R e p o r t 2 0 0 6
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