NewWorld Development Company Limited
FINANCIAL SECTION
184
38 RESERVES
Property
revaluation
reserve
Investment
revaluation
reserve
General
reserve
Employees’
share-based
compensation
reserve
Exchange
reserve
Retained
profits
Total
HK$m
HK$m
HK$m
HK$m
HK$m
HK$m
HK$m
At 1 July 2014
3,435.8
1,492.3
1,077.5
338.9
6,956.1
82,746.4
96,047.0
Fair value changes of available-for-
sale financial assets, net of taxation
–
311.7
–
–
–
–
311.7
Release of reserve upon disposal of
available-for-sale financial assets
–
(101.8)
–
–
–
–
(101.8)
Employees’ share-based payments
–
–
–
137.4
–
–
137.4
Share options lapsed
–
–
–
(10.1)
–
10.1
–
Acquisition of additional interests in
subsidiaries
–
–
–
–
–
(1.4)
(1.4)
Release of reserves upon disposal of
subsidiaries
–
–
(59.5)
–
(8.2)
58.0
(9.7)
Release of reserves upon partial
disposal of interest in an
associated company
–
(0.8)
(8.4)
–
(19.4)
–
(28.6)
Deemed disposal of interests in
subsidiaries
–
–
–
–
–
(13.5)
(13.5)
Reversal of reserves upon
reclassification of an available-for-
sale financial asset as an associated
company
–
408.2
–
–
31.6
–
439.8
Profit attributable to shareholders
–
–
–
–
–
19,112.0
19,112.0
Share of other comprehensive
income of joint ventures and
associated companies
–
8.3
(53.4)
–
(124.8)
(17.9)
(187.8)
Cash flow hedges
–
–
(0.7)
–
–
–
(0.7)
Remeasurement of post employment
benefit obligation
–
–
(0.8)
–
–
3.0
2.2
Transfer of reserves
–
–
(197.6)
–
–
197.6
–
Revaluation of investment properties
upon reclassification from property,
plant and equipment and land use
rights, net of taxation
289.7
–
–
–
–
–
289.7
Translation differences
–
–
–
–
(122.6)
–
(122.6)
2014 final dividend paid
–
–
–
–
–
(2,599.5)
(2,599.5)
2015 interim dividend paid
–
–
–
–
–
(1,067.2)
(1,067.2)
At 30 June 2015
3,725.5
2,117.9
757.1
466.2
6,712.7
98,427.6
112,207.0
