Investor Presentaiton
HKAS 1.51(a)
HKAS 1.49
Sch 4, Part 1,
32
CAPITAL, RESERVES AND DIVIDENDS
Section 2(1)(b)
HKAS 1.79(b),
106(d)) & 108
HKAS 16.77(f)
HKAS 21.52(b)
(a)
Movements in components of equity
HK Listco Ltd
Financial statements for the year ended 31 December 2023
The reconciliation between the opening and closing balances of each component of the group's consolidated equity is set out in the consolidated statement of changes in equity.
Details of the changes in the company's individual components of equity between the beginning and the end of the year are set out below 258:
258
Company
Balance at 1 January 2022
Note
Share
capital
Capital
Property
revaluation
Fair value
reserve
$'000
$'000
reserve
$'000
Hedging
reserve
reserve (non-
Retained
$'000
recycling)
$'000
profits
Total
$'000
$'000
175,000
134
751
869
85
142,022
318,861
Changes in equity for 2022:
Total comprehensive income for the year
966
(99)
50
98,572
99,489
Dividends approved in respect of the previous year
Equity settled share-based transactions
32(b)
(45,000)
(45,000)
1,625
1,625
Dividends declared in respect of the current year
32(b)
(27,000)
(27,000)
Balance at 31 December 2022 and 1 January 2023
37
175,000
1,759
1,717
770
135
168,594
347,975
Changes in equity for 2023:
Total comprehensive income for the year
1,405
(128)
90
117,867
119,234
Dividends approved in respect of the previous year
32(b)
(49,500)
(49,500)
Purchase of own shares
32(c)(iii)
(3,390)
(3,390)
Shares issued under share option scheme
32(c)(iv)
6,400
(400)
6,000
Equity settled share-based transactions
1,658
1,658
Dividends declared in respect of the current year
32(b)
(29,850)
(29,850)
Balance at 31 December 2023
37
181,400
3,017
3,122
642
225
203,721
392,127
As specifically required by section 2(1)(b) of Part 1 of Schedule 4 to the CO, when a company prepares consolidated financial statements, those financial statements should include a note disclosing the movement of
the company's reserves.
161
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