annual report 2011

Statement of changes in equity
IOOF | annual report 2011
For the year ended 30 June 2011
Note
Share
capital
Reserves
Consolidated – 2011 Consolidated – 2010
Retained
earnings
Total
interest
Total
equity
Share
capital
Reserves Retained
earnings
Total
Noncontrolling
Noncontrolling
interest
$’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000
Opening balance at 1 July 2010 26,27,28 858,178 (3,324) 15,583 870,437 16,517 886,954 849,609 6,186 14,388 870,183 17,454 887,637
Total comprehensive income for the period
Profit for the period
- - 99,489 99,489 1,301 100,790 - - 77,371 77,371 3,243 80,614
attributable to owners of the
Company
Loss for the period attributable
- - (11) (11) - (11) - - 171 171 - 171
to policyholders of the IOOF
Life Ltd Statutory Fund
Other comprehensive income
Net change in fair value of
- 5,398 - 5,398 - 5,398 - 2,953 - 2,953 - 2,953
available-for-sale financial
assets
Net change in fair value of
- (10,112) - (10,112) - (10,112) - (9,139) - (9,139) - (9,139)
share buy back liability
Income tax on other
- (1,866) - (1,866) - (1,866) - (1,643) - (1,643) - (1,643)
comprehensive income
Total other comprehensive
- (6,580) - (6,580) - (6,580) - (7,829) - (7,829) - (7,829)
income
Total comprehensive
- (6,580) 99,478 92,898 1,301 94,199 - (7,829) 77,542 69,713 3,243 72,956
income for the period
Transactions with owners, recorded directly in equity
Contributions by and (distributions to) owners
Dividends to equity holders - - (89,935) (89,935) (1,567) (91,502) - - (77,841) (77,841) (3,632) (81,473)
Share-based payment expense - 3,232 - 3,232 - 3,232 - 2,027 - 2,027 - 2,027
Issue of shares on exercise of
9,464 - - 9,464 - 9,464 1,670 - - 1,670 - 1,670
options under executive and
employee share option plan
Transfer from employee
440 (440) - - - - 120 (120) - - - -
equity-settled benefits reserve
on exercise of options
Employee performance rights
330 (330) - - - - 3,053 (3,053) - - - -
vested during the year
Adviser performance rights
453 (453) - - - - 234 (234) - - - -
vested during the year
On-market purchase of
(414) - - (414) - (414) 3,492 - 1,494 4,986 - 4,986
treasury shares transferred to
employees during the year
Treasury shares transferred to
- - - - - - - - - - - -
employees during the year
Total contributions by and
10,273 2,009 (89,935) (77,653) (1,567) (79,220) 8,569 (1,380) (76,347) (69,158) (3,632) (72,790)
distributions to owners
Changes in ownership interests in subsidiaries that do not result in a loss of control
Issue of additional noncontrolling
- - - - 45 45 - (301) - (301) 533 232
interests
Derecognition of noncontrolling
- 139 - 139 (139) - - - - - (1,081) (1,081)
interest subject to
buy-back
Total changes in ownership
- 139 - 139 (94) 45 - (301) - (301) (548) (849)
interests in subsidiaries
Total transactions with owners 10,273 2,148 (89,935) (77,514) (1,661) (79,175) 8,569 (1,681) (76,347) (69,459) (4,180) (73,639)
Balance at 30 June 2011 26,27,28 868,451 (7,756) 25,126 885,821 16,157 901,978 858,178 (3,324) 15,583 870,437 16,517 886,954
Notes to the financial statements are included on pages 54 to 113
Total
equity
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