Download PDF - Hiscox

Consolidated statement of changes in equity
50 Consolidated statement of changes in equity Hiscox Ltd Report and Accounts 2009
Currency
Share Share Contributed translation Retained
capital premium surplus reserve earnings Total
Note £000 £000 £000 £000 £000 £000
Balance at 1 January 2008 19,898 4,955 398,834 (43,265) 443,882 824,304
Total recognised comprehensive income/(expense) for the year
(all attributable to owners of the Company) – – – 150,582 70,808 221,390
Employee share options:
Equity settled share based payments 25 – – – – 5,269 5,269
Excess tax benefit on share based payments – – – – 883 883
Proceeds from shares issued 25 169 4,463 – – – 4,632
Purchase of own shares held in treasury – – – – (62,866) (62,866)
Purchase of own shares held in trust – – – – (2,200) (2,200)
Deferred tax – – – – 6,370 6,370
Dividends paid to owners of the Company 33 – – (46,756) – – (46,756)
Balance at 31 December 2008
Total recognised comprehensive income/(expense) for the year
20,067 9,418 352,078 107,317 462,146 951,026
(all attributable to owners of the Company)
Employee share options:
– – – (69,589) 280,497 210,908
Equity settled share based payments 25 – – – – 5,260 5,260
Excess tax benefit on share based payments – – – – – –
Proceeds from shares issued 25 91 2,413 – – – 2,504
Purchase of own shares held in treasury – – – – – –
Purchase of own shares held in trust – – – – – –
Deferred tax 30 – – – – 201 201
Dividends paid to owners of the Company 33 – – (48,613) – – (48,613)
Balance at 31 December 2009 20,158 11,831 303,465 37,728 748,104 1,121,286
The notes on pages 52 to 99 are an integral part of these consolidated financial statements.