Annual Report - Ahli United Bank

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Annual Report - Ahli United Bank

21 RESERVES (continued)i) Movements in other reservesCapitalreservePropertyrevaluationreserveForeignexchangetranslationreserveAvailablefor-salereserveCumulative changes inCash flowhedgereserveESPPreserveTotalotherreservesUS$ ’000 US$ ’000 US$ ’000 US$ ’000 US$ ’000 US$ ’000 US$ ’000Balance at 1 January 2009 307 121,106 38,419 (251,621) (85,652) 6,328 (171,113)Currency translationadjustments - - (26,791) - - - (26,791)Share of changes in fair valuereserve of associates - - - (1,236) - - (1,236)Transfers to consolidatedstatement of income on sale/impairment of available forsale investments - - - 21,785 - - 21,785Transfers to consolidatedstatement of income - - - - 38,661 - 38,661Net fair value movements duringthe year - - - 140,185 17,166 - 157,351Fair value amortisation of sharebased transaction (note 23) - - - - - 1,108 1,108Conversion of preference shares(note 20(g)) - - - - - (5,039) (5,039)Revaluation of freehold land - (47,722) - - - - (47,722)Balance at 31 December 2009 307 73,384 11,628 (90,887) (29,825) 2,397 (32,996)AUB Annual Report 200977

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