Financial Report 2003 (english) PDF • 287.26 KB - Kuoni Group

Changes in Shareholders’ Equity
Kuoni Group
Share Treasury Capital Retained Exchange Hedging Fair value Total sharecapital
shares reserves earnings differences reserve reserve holders’
CHF 1000 equity
Shareholders’ equity
as at 1 January 2002 160 000 –12 752 157 965 311 462 –871 –4 094 2 623 614 333
Net result 26 221 26 221
Profits distributed 0 0
Use of treasury shares
Realised gains or losses on
financial instruments transferred to
211 1 074 1 285
income statement
Recognised gains or losses
4 611 –254 4 357
on financial instruments –22 673 –1 740 –24 413
Translation differences –44 171 –44 171
Shareholders’ equity
as at 31 December 2002 160 000 –12 541 159 039 337 683 –45 042 –22 156 629 577 612
Net result 64 645 64 645
Profits distributed –8 874 –8 874
Use of treasury shares
Realised gains or losses on
financial instruments transferred to
597 2 181 2 778
income statement
Recognised gains or losses
23 111 –55 23 056
on financial instruments –26 093 1 143 –24 950
Translation differences –21 369 –21 369
Shareholders’ equity
as at 31 December 2003 160 000 –11 944 161 220 393 454 –66 411 –25 138 1 717 612 898
In the year under review, the gains and losses recognised directly in equity amounted to CHF –23.3 million (2002: CHF –64.2 million).
The cumulative charges recognised directly in equity (exchange differences, hedging reserve and fair value reserve) amounted to
CHF 89.8 million (2002: CHF 66.6 million).
For information on the share capital see note 19.
KUONI Financial Report 2003
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