Annual Report 2015
FINANCIAL SECTION
185
38 RESERVES
(continued)
Capital
redemption
reserve
Share
premium
Property
revaluation
reserve
Investment
revaluation
reserve
General
reserve
Employees’
share-based
compensation
reserve
Convertible
bond capital
reserve
Exchange
reserve
Retained
profits
Total
HK$m
HK$m
HK$m
HK$m
HK$m
HK$m
HK$m
HK$m
HK$m
HK$m
At 1 July 2013
37.7
42,422.5
3,433.7
1,949.8
1,120.2
390.5
804.9
7,882.1
74,777.6
132,819.0
Fair value changes of available-for-sale
financial assets, net of taxation
–
–
–
(508.0)
–
–
–
–
–
(508.0)
Release of reserve upon disposal of
available-for-sale financial assets
–
–
–
43.3
–
–
–
–
–
43.3
Release of investment revaluation deficit to
the income statement upon impairment
of available-for-sale financial assets
–
–
–
3.4
–
–
–
–
–
3.4
Redemption of convertible bond
–
–
–
–
–
–
(804.9)
–
804.9
–
Issue of new shares as scrip dividends
–
1,175.5
–
–
–
–
–
–
–
1,175.5
Issue of new shares upon exercise of
share options
–
3.3
–
–
–
–
–
–
–
3.3
Employees’ share-based payments
–
–
–
–
–
95.6
–
–
–
95.6
Share options lapsed
–
–
–
–
–
(147.2)
–
–
147.2
–
Acquisition of additional interests in
subsidiaries
–
–
–
–
17.9
–
–
–
(3.8)
14.1
Release of reserve upon disposal of
subsidiaries
–
–
–
–
–
–
–
(59.1)
–
(59.1)
Release of reserves upon deemed disposal
of interests in joint ventures and disposal
of interest in an associated company
–
–
–
–
4.5
–
–
(76.3)
–
(71.8)
Deemed disposal of interests in subsidiaries
–
–
–
–
–
–
–
–
(46.8)
(46.8)
Profit attributable to shareholders
–
–
–
–
–
–
–
–
9,725.4
9,725.4
Share of other comprehensive income of
joint ventures and associated companies
–
–
–
3.8
9.7
–
–
(194.6)
(74.4)
(255.5)
Cash flow hedges
–
–
–
–
9.7
–
–
–
–
9.7
Remeasurement of post employment
benefit obligation
–
–
–
–
–
–
–
–
(1.5)
(1.5)
Transfer of reserves
–
–
–
–
(84.5)
–
–
–
84.5
–
Revaluation of investment properties upon
reclassification from property, plant and
equipment and land use rights, net of
taxation
–
–
2.1
–
–
–
–
–
–
2.1
Translation differences
–
–
–
–
–
–
–
(596.0)
–
(596.0)
Transition to no par value regime
on 3 March 2014 (note 36(b))
(37.7)
(43,601.3)
–
–
–
–
–
–
–
(43,639.0)
2013 final dividend paid
–
–
–
–
–
–
–
–
(1,893.5)
(1,893.5)
2014 interim dividend paid
–
–
–
–
–
–
–
–
(773.2)
(773.2)
At 30 June 2014
–
–
3,435.8
1,492.3
1,077.5
338.9
–
6,956.1
82,746.4
96,047.0
