Strength & Stability - ECS Holdings Limited
Strength & Stability - ECS Holdings Limited
Strength & Stability - ECS Holdings Limited
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
Total<br />
attributable<br />
to equity<br />
Share<br />
capital<br />
Dividend<br />
reserve<br />
General<br />
reserve<br />
Currency<br />
translation<br />
reserve<br />
Accumulated<br />
profits<br />
holders<br />
of the<br />
Company<br />
Minority<br />
interests Total<br />
$’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000<br />
2008<br />
At 1 January 2008 112,815 5,679 669 (1,720) 95,210 212,653 10,983 223,636<br />
Transfer of reserves - - 1,754 (7) (1,747) - - -<br />
Translation differences relating<br />
to financial statements of<br />
subsidiaries - - - 1,250 (8) 1,242 (583) 659<br />
Net gains/(losses) recognised<br />
directly in equity - - - 1,250 (8) 1,242 (583) 659<br />
Net profit for the year - - - - 29,386 29,386 3,885 33,271<br />
Total recognised income and<br />
expense for the year - - - 1,250 29,378 30,628 3,302 33,930<br />
Reversal of dividend reserve - (199) - - 199 - - -<br />
Final tax-exempt one-tier<br />
dividends paid at 1.50 cents per<br />
share for 2007 - (5,480) - - - (5,480) - (5,480)<br />
Proposed tax-exempt one-tier<br />
dividends of 2.70 cents per<br />
share for 2008 - 9,865 - - (9,865) - - -<br />
At 31 December 2008 112,815 9,865 2,423 (477) 113,175 237,801 14,285 252,086<br />
The accompanying notes form an integral part of these financial statements.<br />
Consolidated Statement of<br />
Changes in Equity<br />
Year Ended 31 December 2008<br />
Annual Report 2008<br />
p.<br />
49
Change language