CONSOLIDATED STATEMENT OF CHANGES IN EQUITY

 

 

 

 

 

 

Total

 

 

 

 

 

 

 

 

attribu-

 

 

 

 

 

 

 

Accum-

table

 

 

 

Number of

Share

Share

Other

ulated

to equity

Minority

Total

 

ordinary

capital

Premium

Reserves

profits

share

interest

equity

 

Shares

US$000

US$000

US$000

US$000

holders

US$000

US$000

Balance –
31 Dec 2006

68 763 561

3 440

213 653

(59 430)

178 400

336 063

4 707

340 770

Net income

-

-

-

-

28 656

28 656

2 480

31 136

Movement on cash flow hedges –

 

 

 

 

 

 

 

 

   Transfer to income statement

-

-

-

21 486

-

21 486

-

21 486

   Fair value movement on financial instruments

-

-

-

(24 186)

-

(24 186)

-

(24 186)

Total recognised income/(loss)

-

-

-

(2 700)

28 656

25 956

2 480

28 436

Share-based payments

-

-

-

1 618

-

1 618

-

1 618

Share options exercised

538 667

27

4 297

-

-

4 324

-

4 324

Exercise of options previously expensed under IFRS 2

-

-

1 280

(1 280)

-

-

-

-

Shares vested#

10 102

-

170

(170)

-

-

-

-

Dividend relating to 2006

-

-

-

-

(6 874)

(6 874)

-

(6 874)

Balance –
30 Sep 2007

69 312 330

3 467

219 400

(61 962)

200 182

361 087

7 187

368 274

Balance –
31 Dec 2007

76 140 330

3 809

450 814

(69 391)

213 567

598 799

8 294

607 093

Net income

-

-

-

-

32 447

32 447

5 260

37 707

Movement on cash flow hedges –

 

 

 

 

 

 

 

 

   Transfer to income statement

-

-

-

27 266

-

27 266

-

27 266

   Fair value movement on financial instruments

-

-

-

(7 040)

-

(7 040)

-

(7 040)

Total recognised income/(loss)

-

-

-

20 226

-

20 226

-

20 226

Share-based payments

-

-

-

4 877

-

4 877

-

4 877

Share options exercised

261 500

13

2 433

-

-

2 446

-

2 446

Exercise of options previously expensed under IFRS 2

-

-

793

(793)

-

-

-

-

Shares vested#

6 594

-

160

(160)

-

-

-

-

Dividend relating to 2007

-

-

-

-

(9 154)

(9 154)

-

(9 154)

Balance –
30 Sep 2008

76 408 424

3 822

454 200

(45 241)

236 860

649 641

13 554

663 195


#  Restricted shares were issued to directors as remuneration. The transfer between “other reserves” and “share premium” in respect of the shares vested represents the cost calculated in accordance with IFRS 2.