Annual Report 2009 - Greentown China Holdings Limited

Consolidated Statement of Changes in Equity
For the year ended 31 December 2009
Attributable to owners of the Company
Conversion
option
reserve
Share
options
reserve
Share
capital
Share
premium
Special
reserve
Statutory
reserve
Retained
earnings Subtotal
Minority
interests Total
RMB’000 RMB’000 RMB’000 RMB’000 RMB’000 RMB’000 RMB’000 RMB’000 RMB’000 RMB’000
(Note i)
At 1 January 2008 157,395 5,731,008 (678) 255,045 350,806 – 1,613,892 8,107,468 1,379,034 9,486,502
Profit and total comprehensive
income for the year – – – – – – 540,285 540,285 26,337 566,622
Dividends (Note 13) – – – – – – (438,283) (438,283) (9,740) (448,023)
Purchase of additional interests
in subsidiaries – – – – – – – – (216,536) (216,536)
Capital contribution from minority
shareholders of subsidiaries – – – – – – – – 277,140 277,140
Partial disposal of subsidiaries – – – – – – – – 81,493 81,493
Acquisition of subsidiaries (Note 31) – – – – – – – – 534,128 534,128
Transfer (Note i) – – – 24,871 – – (24,871) – – –
At 31 December 2008 157,395 5,731,008 (678) 279,916 350,806 – 1,691,023 8,209,470 2,071,856 10,281,326
Profit and total comprehensive
income for the year – – – – – – 1,012,120 1,012,120 80,012 1,092,132
Dividends (Note 13) – – – – – – (406,910) (406,910) (34,268) (441,178)
Shares issued 8,815 528,876 – – – – – 537,691 – 537,691
Recognition of equity-settled
share-based payments – – – – – 107,413 – 107,413 – 107,413
Recognition of share option premiums – – – – – 132,932 – 132,932 – 132,932
Exercise of share options 395 15,151 – – – (4,116) – 11,430 – 11,430
Purchase of additional interests
in subsidiaries – – – – – – – – (354,483) (354,483)
De-consolidation of a subsidiary
(Note 27(C)) – – – – – – – – (6,196) (6,196)
Partial disposal of subsidiaries – – – – – – – – 3,636 3,636
Capital contribution from minority
shareholders of subsidiaries – – – – – – – – 993,873 993,873
Acquisition of subsidiaries (Note 31) – – – – – – – – 90,000 90,000
Transfer (Note i) – – – (14,682) – – 14,682 – – –
At 31 December 2009 166,605 6,275,035 (678) 265,234 350,806 236,229 2,310,915 9,604,146 2,844,430 12,448,576
Notes:
(i)
The statutory reserve is non-distributable and the transfer to this reserve is determined by the board of directors of the relevant
companies in accordance with the relevant laws and regulations of the People’s Republic of China (the “PRC”). This reserve
can be used to offset accumulated losses and increase capital upon approval from the relevant authorities.
Greentown China Holdings Limited Annual Report 2009 101