Page 137 - Annual Report 2014
P. 137

Statements of Changes in Equity

Year ended 31 December 2014

                                                                              Share-

                                                                     Merger/  based

                                                  Share   Treasury   capital payments  Hedging    Retained  Total      Total
                                                 capital    shares                      reserve                       equity
                                                                     reserve reserve              profits reserves
                                                     $m          $m                           $m                          $m
Company                                                              $m $m                        $m $m

At 1.1.2013                                      263.1    (0.2) 276.5         13.7     (7.0) 681.2 964.2 1,227.3

Total comprehensive income for the year          – – – – – 324.3 324.3 324.3
Profit for the year
Other comprehensive income                       – – – – 2.8                                      – 2.8 2.8
	 Effective portion of changes in fair value
                                                 – – – – 2.8 324.3 327.1 327.1
     	 of cash flow hedge, net of taxation
Total comprehensive income for the year             8.3   ––                  (7.5)       –             –      (7.5)      0.8
                                                      –   ––                   8.8        –             –       8.8       8.8
Transactions with equity holders of                   –   ––                              –       (344.2)   (344.2)   (344.2)
     the Company, recognised directly in equity                                  –
                                                    8.3      –            –               –       (344.2) (342.9) (334.6)
Contributions by and distributions to equity     271.4    (0.2)      276.5     1.3     (4.2)      661.3 948.4 1,219.8
	 holders of the Company                         271.4                        15.0
Issue of shares pursuant to share plans                   (0.2)      276.5             (4.2)      661.3 948.4 1,219.8
Share-based payments expenses                         –                       15.0
Dividends paid (Note 16)
Total transactions with equity holders                    ––                  – – 507.1 507.1 507.1

     of the Company                              – – – – 2.8                                      – 2.8 2.8
At 31.12.2013
                                                 – – – – 2.8 507.1 509.9 509.9
At 1.1.2014
                                                  11.2      ––                (10.6)      –       – (10.6)            0.6
Total comprehensive income for the year               –     ––                  9.2       –       – 9.2               9.2
Profit for the year
Other comprehensive income                            –   0.2 –                (0.2)      –             –––
	 Effective portion of changes in fair value          –     ––                    –       –       (345.2) (345.2) (345.2)

     	 of cash flow hedge, net of taxation        11.2    0.2 –                (1.6)      –       (345.2) (346.6) (335.4)
Total comprehensive income for the year          282.6      – 276.5           13.4     (1.4)      823.2 1,111.7 1,394.3

Transactions with equity holders of
     the Company, recognised directly in equity

Contributions by and distributions to equity
     holders of the Company

Issue of shares pursuant to share plans
Share-based payments expenses
Transfer from treasury shares to share-based

     payments reserve
Dividends paid (Note 16)
Total transactions with equity holders

     of the Company
At 31.12.2014

The accompanying notes form an integral part of these financial statements.                                 many lives of hubbing
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