Annual Report - QuamIR

Notes to the Consolidated Financial Statements (Continued)
35 Reserves (Continued)
Group (Continued)
35
Capital
Capital
Employee
Available–
Share
premium
(Note a)
reduction
reserve
(Note c)
redemption
reserve
(Note b)
Capital
reserve
Contributed
surplus
(Note d)
Other
reserve
(Note e)
share-based
compensation
reserve
Exchange
reserve
for-sale
investments
reserve
earnings/
(Accumulated
losses)
Total
a c b d e
HK$ Million HK$ Million HK$ Million HK$ Million HK$ Million HK$ Million HK$ Million HK$ Million HK$ Million HK$ Million HK$ Million
Balance at 1 January 2011 9,835.9 594.1 14.6 66.4 416.2 8.1 74.2 1,542.4 (0.1) (153.3) 12,398.5
Fair value gain on available-for-sale
financial assets
– – – – – – – – 1.0 – 1.0
Currency translation differences – – – – – – – 439.7 (0.2) – 439.5
Employee share option benefits – – – – – – 3.1 – – – 3.1
Transfer between reserves (1,134.0) – – – 1,134.0 – – – – – –
Exercise of bonus warrants 156.3 – – – – – – – – – 156.3
Release of reserves
– upon disposal of subsidiaries – – – – – – – (202.7) – – (202.7)
– upon disposal of an associated
company
– – – (13.3) – – – (116.2) – – (129.5)
– upon lapse of share options – – – – – – (13.9) – – 13.9 –
Changes in ownership interests in
subsidiaries that do not result in a
loss of control arising from the
following factors
– exercise of a listed subsidiary’s bonus
warrants, distributed by the Group
– – – – (31.0) – – – – – (31.0)
– conversion of convertible preference
shares and distribution of certain
shares of a subsidiary held by
the Group
– – – – (382.6) – – – – – (382.6)
2011 special cash dividend paid – – – – (108.3) – – – – – (108.3)
Distribution of proceeds from the
sale of equity interest of a subsidiary
to a non-controlling shareholder
– – – (5.9) – – – – – – (5.9)
Profit for the year – – – – – – – – – 241.3 241.3
Balance at
31 December 2011
8,858.2 594.1 14.6 47.2 1,028.3 8.1 63.4 1,663.2 0.7 101.9 12,379.7
Retained by:
Company and subsidiaries 8,858.2 594.1 14.6 47.2 1,028.3 8.1 63.4 1,312.5 0.7 (711.2) 11,215.9
Associated companies – – – – – – – 78.1 – 152.3 230.4
Jointly controlled entities – – – – – – – 272.6 – 660.8 933.4
8,858.2 594.1 14.6 47.2 1,028.3 8.1 63.4 1,663.2 0.7 101.9 12,379.7
Representing:
Reserves at 31 December 2011
12,271.4
2011 proposed special cash dividend 108.3
Retained
12,379.7
•
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