25 Reserves

 enlarge
Group
Other reserves
US$'000Share(a)
premium
Merger(b)
reserve
Convertible
bonds
reserve
Staff
benefits
reserve
Hedging
reserve
Investment
valuation
reserve
Exchange
reserve
SubtotalRetained
profits
Total
At 1 January 2014602,050(56,606)51,620(5,728)2,6401,870(11,371)584,475526,5821,111,057
Loss attributable to shareholders--------(284 964)(284,964)
Cash flow hedges
     - fair value losses----(23,564)--(23,564)-(23,564)
     - transferred to finance costs
          in income statement
_---8,485--8,485-8,485
Release of exchange reserve
     upon:
     - disposal of harbour towage
           business
_-----9,3129,312-9,312
     - disposal of a RoRo vessel------5,0225,022-5,022
     - disposal of OMSA JV------4,3744,374-4,374
     - repayment of shareholder
           loans by subsidiaries
------(1,015)(1,015)-(1,015)
Dividends paid (Note 29)--------(12,385)(12,385)
Currency translation differences------(7,986)(7,986)-(7,986)
Share-based compensation
     (see Remuneration Report)
---5,311---5,311-5,311
Share awards granted (Note 24)---(4,215)---(4,215)-(4,215)
Share awards lapsed (Note 24)---2,228---2,228-2,228
Shares issued upon exercise of
     share options
126--(38)---88-88
Share awards fully vested1,928--(1,931)---(3)3-
Derecognition of equity component
     upon exercise of CB put options
--(2,865)----(2,865)1,850(1,015)
Fair value losses on available-
     for-sale financial assets
-----(768)-(768)-(768)
At 31 December 2014604,104(56,606)48,755(4,373)(12,439)1,102(1,664)578,879231,086809,965
Representing:
     2014 proposed final dividend12,489
     Others218,597
Retained profits at
     31 December 2014
231,086
 enlarge
 Group
 Other reserves
US$'000Share(a)
premium
Merger(b)
reserve
Convertible
bonds
reserve
Staff
benefits
reserve
Hedging
reserve
Investment
valuation
reserve
Exchange
reserve
SubtotalRetained
profits
Total
At 1 January 2013599,846(56,606)51,620(3,107)(9,055)1,70516,557600,960537,4561,138,416
Currency translation differences------(31,113)(31,113)-(31,113)
Dividends paid (Note 29)--------(12,397)(12,397)
Release of exchange reserve
     upon:
 
     - disposal of RoRo vessels -----8,3318,331-8,331
     - repayment of shareholder loans by subsidiaries------(5,146)(5,146)_(5,146)
Cash flow hedges 
     - fair value gain----7,126--7,126-7,126
     - transferred to finance costs in income statement----4,569--4,569-4,569
Share awards granted (Note 24)---(6,584)---(6,584)-(6,584)
Share-based compensation
     (see Remuneration Report)
---5,729---5,7295,729
Share awards lapsed (Note 24)---438---438-438
Share awards fully vested2,204--(2,204)------
Profit attributable to shareholders ---------1,5231,523
Fair value gain on available-
     for-sale financial assets
 ----165-165165
At 31 December 2013602,050(56,606)51,620(5,728)2,6401,870(11,371)584,475526,5821,111,057
           
Representing: 
     2013 final dividend 12,385
     Others 514,197
Retained profits at 31 December 2013 526,582
 enlarge
Company
Other reserves
US$'000Share
premium
Staff
benefits
reserve
SubtotalRetained
profits
Total
At 1 January 2014602,050(5,728)596,322666,5481,262,870
Dividends paid (Note 29)---(12,385)(12,385)
Share-based compensation
     (see Remuneration Report)
-5,3115,311-5,311
Share awards granted (Note 24)-(4,215)(4,215)-(4,215)
Share awards lapsed (Note 24)-2,2282,228-2,228
Shares issued upon exercise of share options126(38)88-88
Share awards fully vested1,928(1,931)(3)3-
Loss attributable to shareholders---(2,960)(2,960)
At 31 December 2014604,104(4,373)599,731651,2061,250,937
Representing:
     2014 proposed final dividend12,489
     Others638,717
Retained profits as at 31 December 2014651,206
At 1 January 2013599,846(3,107)596,739680,3591,277,098
Loss attributable to shareholders---(1,414)(1,414)
Share-based compensation
     (see Remuneration Report)
-5,7295,729-5,729
Share awards granted (Note 24)-(6,584)(6,584)-(6,584)
Share awards lapsed (Note 24)-438438-438
Share awards fully vested2,204(2,204)---
Dividends paid (Note 29)---(12,397)(12,397)
At 31 December 2013602,050(5,728)596,322666,5481,262,870
Representing:
     2013 final dividend
12,385
     Others654,163
Retained profits as at 31 December 2013666,548
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