Full Annual Report 2006 - Singapore Technologies Engineering

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107 Statements of Changes in Equity FOR THE YEAR ENDED 31 DECEMBER 2006 (Currency – Singapore dollars) SHARE SHARE CAPITAL OTHER RETAINED MINORITY TOTAL CAPITAL PREMIUM RESERVE RESERVES EARNINGS TOTAL INTERESTS EQUITY $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000 The Group At 1.1.2005 289,217 76,602 115,948 47,545 878,840 1,408,152 37,936 1,446,088 Net fair value changes on available-for-sale financial assets – – – (1,931) – (1,931) – (1,931) Net fair value changes on cash flow hedges – – – (2,550) – (2,550) – (2,550) Foreign currency translation differences – – – 1,223 – 1,223 (61) 1,162 Net income recognised directly in equity – – – (3,258) – (3,258) (61) (3,319) Net profit for the year – – – – 396,308 396,308 14,590 410,898 Total recognised net income for the year – – – (3,258) 396,308 393,050 14,529 407,579 Issue of shares 2,233 40,595 – – – 42,828 – 42,828 Dilution of interest in a subsidiary – – – – – – (3,440) (3,440) Acquisition of subsidiaries – – – – – – 1,016 1,016 Capital contribution – – – – – – 10,703 10,703 Cost of share-based payment – – – 8,537 – 8,537 3 8,540 Dividends (Note 40) – – – – (359,769) (359,769) (11,689) (371,458) Transfer from unappropriated profit to statutory reserve – – – 133 (133) – – – At 31.12.2005 291,450 117,197 115,948 52,957 915,246 1,492,798 49,058 1,541,856 At 1.1.2006 291,450 117,197 115,948 52,957 915,246 1,492,798 49,058 1,541,856 Transfer from share premium account to share capital upon implementation of the Companies (Amendment) Act 2005 117,197 (117,197) – – – – – – Net fair value changes on available-for-sale financial assets – – – (14,542) – (14,542) – (14,542) Net fair value changes on cash flow hedges – – – (879) – (879) – (879) Foreign currency translation differences – – – (33,321) – (33,321) 4,196 (29,125) Net income recognised directly in equity – – – (48,742) – (48,742) 4,196 (44,546) Net profit for the year – – – – 445,127 445,127 10,038 455,165 Total recognised net income for the year – – – (48,742) 445,127 396,385 14,234 410,619 Issue of shares 66,279 – – – – 66,279 – 66,279 Acquisition of subsidiaries – – – – – – 89,616 89,616 Acquisition of additional interest in a subsidiary – – – – – – 80 80 Capital contribution – – – – – – 4,971 4,971 Cost of share-based payment – – – 9,431 – 9,431 80 9,511 Dividends (Note 40) – – – – (399,473) (399,473) (15,191) (414,664) Revaluation surplus – – – 81 – 81 35 116 Transfer from unappropriated profit to statutory reserve – – – 246 (246) – – – At 31.12.2006 474,926 – 115,948 13,973 960,654 1,565,501 142,883 1,708,384
THE WINNING SPIRIT ST Engineering AR 2006 108 Statements of Changes in Equity FOR THE YEAR ENDED 31 DECEMBER 2006 (Currency – Singapore dollars) SHARE-BASED SHARE SHARE PAYMENT RETAINED CAPITAL PREMIUM RESERVE EARNINGS TOTAL $’000 $’000 $’000 $’000 $’000 The Company At 1.1.2005 289,217 76,602 526 358,914 725,259 Net profit for the year – – – 397,670 397,670 Total recognised net income for the year – – – 397,670 397,670 Issue of shares 2,233 40,595 – – 42,828 Cost of share-based payment – – 1,448 – 1,448 Dividends (Note 40) – – – (359,769) (359,769) At 31.12.2005 291,450 117,197 1,974 396,815 807,436 At 1.1.2006 291,450 117,197 1,974 396,815 807,436 Transfer from share premium account to share capital upon implementation of the Companies (Amendment) Act 2005 117,197 (117,197) – – – Net profit for the year – – – 533,334 533,334 Total recognised net income for the year – – – 533,334 533,334 Issue of shares 66,279 – – – 66,279 Cost of share-based payment – – 9,943 – 9,943 Dividends (Note 40) – – – (399,473) (399,473) At 31.12.2006 474,926 – 11,917 530,676 1,017,519 The accompanying notes are an integral part of the fi nancial statements.
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THE WINNING SPIRIT ANNUAL REPORT 20
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11 Peter SEAH Lim Huat Chairman (le
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THE WINNING SPIRIT ST Engineering A
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43 Corporate Governance COMPLIANCE
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45 Environment, Health and Safety A
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47 Investor Relations ST ENGINEERIN
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Page 76 and 77: 91 Directors’ Report AS AT 31 DEC
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Page 88 and 89: 103 Statement by Directors We, Pete
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157 Notes to the Financial Statemen
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197 SGX Listing Manual Requirements
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199 Shareholding Statistics AS AT 5
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201 SECTORAL FINANCIAL REVIEW - AER
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203 SECTORAL FINANCIAL REVIEW - AER
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205 SECTORAL FINANCIAL REVIEW - ELE
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211 SECTORAL FINANCIAL REVIEW - LAN
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213 SECTORAL FINANCIAL REVIEW - LAN
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215 SECTORAL FINANCIAL REVIEW - MAR
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221 Group Structure - Singapore Tec
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223 Group Structure - Singapore Tec
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225 CORPORATE INFORMATION BOARD OF
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SINGAPORE TECHNOLOGIES ENGINEERING
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Full Annual Report 2006 - Singapore Technologies Engineering

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