2011 - Li & Fung Limited

CONSOLIDATED STATEMENT OF CHANGES IN EQUITY
For the year ended 31 December 2011
72 LI & FUNG LIMITED | ANNUAL REPORT 2011
Attributable to shareholders of the Company
Non-
Share Share Other Retained
controlling Total
capital premium reserves earnings Total interests equity
US$’000 US$’000 US$’000
Note 26(a)
US$’000 US$’000 US$’000 US$’000
Balance at 1 January 2011 12,899 3,015,794 (22,868) 620,204 3,626,029 6,049 3,632,078
Comprehensive income
Profit or loss – – – 681,229 681,229 175 681,404
Other comprehensive income
Currency translation differences
Net fair value gain on available-for-sale
– – (27,803) – (27,803) (221) (28,024)
financial assets, net of tax
Net fair value gain on cash flow hedges,
– – 188 – 188 – 188
net of tax
Net actuarial loss from post employment
– – 10,226 – 10,226 – 10,226
benefits recognized in reserve – – (3,549) – (3,549) – (3,549)
Total other comprehensive income – – (20,938) – (20,938) (221) (21,159)
Total comprehensive income – – (20,938) 681,229 660,291 (46) 660,245
Transactions with owners
Employee share option scheme:
– value of employee services – – 18,906 – 18,906 – 18,906
– proceeds from shares issued 88 80,808 – – 80,896 – 80,896
– transfer to share premium
Release of shares held by escrow agent for
– 17,495 (17,495) – – – –
settlement of acquisition consideration – – 14,882 – 14,882 – 14,882
Transfer to capital reserve – – 74 (74) – – –
2010 final dividend paid – – – (269,851) (269,851) – (269,851)
2011 interim dividend paid – – – (197,360) (197,360) (1,190) (198,550)
Total transactions with owners 88 98,303 16,367 (467,285) (352,527) (1,190) (353,717)
Balance at 31 December 2011 12,987 3,114,097 (27,439) 834,148 3,933,793 4,813 3,938,606