Annual Report 2016 - page 188

New World Development Company Limited
174
Financial Section
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 2015
3,725.5
2,117.9
757.1
466.2
6,712.7
98,427.6
112,207.0
Fair value changes of available-for-
sale financial assets
(837.1)
(837.1)
Release of reserve upon disposal of
available-for-sale financial assets,
net of taxation
(286.0)
(286.0)
Release of investment revaluation deficit
to the income statement upon
impairment of an available-for-sale
financial asset
411.1
411.1
Employees’ share-based payments
77.7
77.7
Share options lapsed
(307.6)
307.6
Acquisition of additional interests in
subsidiaries
85.3
804.5
(2,117.8)
(1,228.0)
Release of reserves upon disposal
of subsidiaries
(771.9)
(771.9)
Release of reserves upon disposal
of interest in a joint venture
(4.0)
(4.0)
Deemed disposal of interests
in subsidiaries
(33.1)
(33.1)
Profit attributable to shareholders
8,666.3
8,666.3
Share of other comprehensive income of
joint ventures and associated companies
(10.5)
(68.8)
(1,212.2)
(8.9)
(1,300.4)
Cash flow hedges
(7.4)
(7.4)
Remeasurement of post
employment benefit obligation
(1.4)
(8.0)
(9.4)
Transfer of reserves
33.3
(33.3)
Revaluation of investment properties upon
reclassification from property, plant and
equipment and land use rights,
net of taxation
10.9
10.9
Translation differences
(3,018.3)
(3,018.3)
2015 final dividend paid
(2,699.1)
(2,699.1)
2016 interim dividend paid
(1,204.7)
(1,204.7)
At 30 June 2016
3,736.4
1,395.4
798.1
236.3
2,510.8
101,296.6
109,973.6
1...,178,179,180,181,182,183,184,185,186,187 189,190,191,192,193,194,195,196,197,198,...252
Powered by FlippingBook