FIRST PACIFIC COMPANY LIMITED The Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
(Incorporated with limited liability under the laws of Bermuda)
Website: http://www.firstpacific.com
(Stock Code: 00142)2016 Interim Results - Unaudited
FINANCIAL HIGHLIGHTS
Turnover increased by 3.2% to US$3,436.0 million (HK$26,800.8 million) from US$3,329.3 million (HK$25,968.5 million).
Profit contribution from operations decreased by 7.7% to US$226.2 million (HK$1,764.4 million) from US$245.1 million (HK$1,911.8 million) (Restated).
Recurring profit decreased by 9.7% to US$157.8 million (HK$1,230.8 million) from US$174.8 million (HK$1,363.4 million) (Restated).
Foreign exchange and derivative gains of US$9.5 million (HK$74.1 million) were recorded compared with foreign exchange and derivative losses of US$17.4 million (HK$135.7 million).
Non-recurring losses increased to US$40.8 million (HK$318.2 million) from US$0.2 million (HK$1.6 million).
Profit attributable to owners of the parent decreased by 18.9% to US$127.6 million (HK$995.3 million) from US$157.4 million (HK$1,227.7 million) (Restated).
Recurring basic earnings per share (calculated based on recurring profit) decreased by 9.5% to U.S. 3.70 cents (HK28.9 cents) from U.S. 4.09 cents (HK31.9 cents) (Restated).
Basic earnings per share decreased by 18.8% to U.S. 2.99 cents (HK23.3 cents) from U.S. 3.68 cents (HK28.7 cents) (Restated).
An interim distribution of HK8.00 cents (U.S. 1.03 cents) (2015: HK8.00 cents or U.S. 1.03 cents) per ordinary share has been declared, representing a payout ratio of approximately 28% (2015: approximately 25%) of recurring profit.
Equity attributable to owners of the parent increased by 8.7% to US$3,337.0 million (HK$26,028.6 million) at 30 June 2016 compared with US$3,070.2 million (HK$23,947.6 million) (Restated) at 31 December 2015.
Consolidated gearing ratio decreased to 0.57 times at 30 June 2016 from 0.64 times (Restated) at 31 December 2015.
CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTSCONDENSED CONSOLIDATED INCOME STATEMENT - UNAUDITED
For the six months ended 30 June | 2016 | 2015 (Restated)(i) | 2016 | 2015 (Restated)(i) | |
Notes | US$m | US$m | HK$m* | HK$m* | |
Turnover | 2 | 3,436.0 | 3,329.3 | 26,800.8 | 25,968.5 |
Cost of sales | (2,440.0) | (2,386.1) | (19,032.0) | (18,611.5) | |
Gross profit | 996.0 | 943.2 | 7,768.8 | 7,357.0 | |
Selling and distribution expenses | (274.2) | (277.3) | (2,138.8) | (2,162.9) | |
Administrative expenses | (264.6) | (250.3) | (2,063.9) | (1,952.4) | |
Other operating income/(expenses), net | 40.8 | (27.7) | 318.3 | (216.1) | |
Interest income | 27.8 | 37.9 | 216.8 | 295.6 | |
Finance costs | (186.4) | (178.6) | (1,453.9) | (1,393.1) | |
Share of profits less losses of associated companies and joint ventures | 125.1 | 166.6 | 975.8 | 1,299.5 | |
Profit before taxation | 3 | 464.5 | 413.8 | 3,623.1 | 3,227.6 |
Taxation | 4 | (113.2) | (85.3) | (883.0) | (665.3) |
Profit for the period from continuing operations | 351.3 | 328.5 | 2,740.1 | 2,562.3 | |
Profit for the period from a discontinued operation | 5 | 13.7 | 28.9 | 106.9 | 225.4 |
Profit for the period | 365.0 | 357.4 | 2,847.0 | 2,787.7 | |
Attributable to: | |||||
Owners of the parent | 6 | ||||
- For profit from continuing operations | 121.9 | 145.4 | 950.8 | 1,134.1 | |
- For profit from a discontinued operation | 5.7 | 12.0 | 44.5 | 93.6 | |
- For profit for the period | 127.6 | 157.4 | 995.3 | 1,227.7 | |
Non-controlling interests | |||||
- For profit from continuing operations | 229.4 | 183.1 | 1,789.3 | 1,428.2 | |
- For profit from a discontinued operation | 8.0 | 16.9 | 62.4 | 131.8 | |
- For profit for the period | 237.4 | 200.0 | 1,851.7 | 1,560.0 | |
365.0 | 357.4 | 2,847.0 | 2,787.7 | ||
US¢ | US¢ | HK¢* | HK¢* | ||
Earnings per share attributable to owners of the parent | 7 | ||||
Basic | |||||
- For profit from continuing operations | 2.86 | 3.40 | 22.3 | 26.5 | |
- For profit from a discontinued operation | 0.13 | 0.28 | 1.0 | 2.2 | |
- For profit for the period | 2.99 | 3.68 | 23.3 | 28.7 | |
Diluted | |||||
- For profit from continuing operations | 2.86 | 3.38 | 22.3 | 26.3 | |
- For profit from a discontinued operation | 0.13 | 0.28 | 1.0 | 2.2 | |
- For profit for the period | 2.99 | 3.66 | 23.3 | 28.5 | |
(i) Refer to Note 1(B)
Details of the interim distribution declared for the period are disclosed in Note 8.
-1-
CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME - UNAUDITED
For the six months ended 30 June | 2016 | 2015 (Restated)(i) | 2016 | 2015 (Restated)(i) |
US$m | US$m | HK$m* | HK$m* | |
Profit for the period | 365.0 | 357.4 | 2,847.0 | 2,787.7 |
Other comprehensive income/(loss) | ||||
Items that may be reclassified subsequently to profit or loss: | ||||
Exchange differences on translating foreign operations | 130.2 | (248.1) | 1,015.6 | (1,935.1) |
Unrealized gains on available-for-sale assets | 11.4 | 31.9 | 88.9 | 248.8 |
Realized gains on available-for-sale-assets | (2.6) | - | (20.3) | - |
Unrealized gains on cash flow hedges | 45.8 | 41.6 | 357.2 | 324.5 |
Income tax related to cash flow hedges | (8.4) | (7.0) | (65.5) | (54.6) |
Share of other comprehensive income/(loss) of associated companies | ||||
and joint ventures | 6.7 | (72.7) | 52.3 | (567.1) |
Items that will not be reclassified to profit or loss: | ||||
Actuarial losses on defined benefit pension plans | (0.4) | (1.9) | (3.1) | (14.8) |
Share of other comprehensive loss of associated companies and joint ventures | (11.7) | (11.8) | (91.3) | (92.1) |
Other comprehensive income/(loss) for the period, net of tax | 171.0 | (268.0) | 1,333.8 | (2,090.4) |
Total comprehensive income for the period | 536.0 | 89.4 | 4,180.8 | 697.3 |
Attributable to: | ||||
Owners of the parent | 178.0 | 32.4 | 1,388.4 | 252.7 |
Non-controlling interests | 358.0 | 57.0 | 2,792.4 | 444.6 |
536.0 | 89.4 | 4,180.8 | 697.3 | |
CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION
At 30 June 2016 (Unaudited) | At 31 December 2015 (Restated)(i) | At 1 January 2015 (Restated)(i) | At 30 June 2016 (Unaudited) | At 31 December 2015 (Restated)(i) | At 1 January 2015 (Restated)(i) | ||
Notes | US$m | US$m | US$m | HK$m* | HK$m* | HK$m* | |
Non-current assets | |||||||
Property, plant and equipment | 4,016.0 | 3,791.1 | 3,504.6 | 31,324.8 | 29,570.6 | 27,336.0 | |
Biological assets | 27.5 | 26.2 | 24.6 | 214.5 | 204.3 | 191.9 | |
Associated companies and joint ventures | 4,994.2 | 4,360.5 | 3,568.4 | 38,954.8 | 34,011.9 | 27,833.5 | |
Goodwill | 1,079.5 | 1,023.8 | 1,057.6 | 8,420.1 | 7,985.6 | 8,249.3 | |
Other intangible assets | 3,289.5 | 3,151.2 | 2,511.8 | 25,658.1 | 24,579.4 | 19,592.0 | |
Investment properties | 9.8 | 9.7 | - | 76.5 | 75.7 | - | |
Accounts receivable, other receivables and prepayments | 14.8 | 8.8 | 11.8 | 115.4 | 68.6 | 92.0 | |
Available-for-sale assets | 135.3 | 44.1 | 193.8 | 1,055.3 | 344.0 | 1,511.6 | |
Deferred tax assets | 206.0 | 198.6 | 199.2 | 1,606.8 | 1,549.1 | 1,553.8 | |
Pledged deposits and restricted cash | 30.0 | 30.0 | 30.9 | 234.0 | 234.0 | 241.0 | |
Other non-current assets | 299.4 | 312.1 | 385.9 | 2,335.3 | 2,434.4 | 3,010.0 | |
14,102.0 | 12,956.1 | 11,488.6 | 109,995.6 | 101,057.6 | 89,611.1 | ||
Current assets | |||||||
Cash and cash equivalents and short-term deposits | 1,687.3 | 1,612.3 | 2,265.9 | 13,160.9 | 12,575.9 | 17,674.0 | |
Restricted cash | 52.9 | 51.7 | 53.2 | 412.6 | 403.3 | 415.0 | |
Available-for-sale assets | 100.1 | 124.8 | 59.2 | 780.8 | 973.4 | 461.8 | |
Accounts receivable, other receivables and prepayments | 9 | 994.2 | 758.5 | 661.2 | 7,754.8 | 5,916.3 | 5,157.3 |
Inventories | 703.9 | 631.0 | 717.2 | 5,490.4 | 4,921.8 | 5,594.2 | |
Other current assets | 9.4 | 2.0 | 5.7 | 73.4 | 15.6 | 44.4 | |
3,547.8 | 3,180.3 | 3,762.4 | 27,672.9 | 24,806.3 | 29,346.7 | ||
Assets classified as held for sale | 963.0 | 1,062.6 | 982.4 | 7,511.4 | 8,288.3 | 7,662.7 | |
4,510.8 | 4,242.9 | 4,744.8 | 35,184.3 | 33,094.6 | 37,009.4 | ||
Current liabilities | |||||||
Accounts payable, other payables and accruals | 10 | 1,324.4 | 1,241.0 | 1,192.4 | 10,330.3 | 9,679.8 | 9,300.8 |
Short-term borrowings | 1,178.6 | 998.6 | 912.0 | 9,193.1 | 7,789.1 | 7,113.6 | |
Provision for taxation | 91.5 | 44.7 | 51.0 | 713.7 | 348.6 | 397.8 | |
Current portion of deferred liabilities, provisions and payables | 301.0 | 348.1 | 321.9 | 2,347.8 | 2,715.2 | 2,510.8 | |
2,895.5 | 2,632.4 | 2,477.3 | 22,584.9 | 20,532.7 | 19,323.0 | ||
Liabilities directly associated with the assets classified as | |||||||
held for sale | 319.2 | 436.2 | 335.9 | 2,489.8 | 3,402.4 | 2,620.0 | |
3,214.7 | 3,068.6 | 2,813.2 | 25,074.7 | 23,935.1 | 21,943.0 | ||
Net current assets | 1,296.1 | 1,174.3 | 1,931.6 | 10,109.6 | 9,159.5 | 15,066.4 | |
Total assets less current liabilities | 15,398.1 | 14,130.4 | 13,420.2 | 120,105.2 | 110,217.1 | 104,677.5 | |
Equity | |||||||
Issued share capital | 42.8 | 42.7 | 42.9 | 333.8 | 333.1 | 334.6 | |
Shares held for share award scheme | (8.2) | (6.0) | (8.7) | (64.0) | (46.8) | (67.9) | |
Retained earnings | 1,327.7 | 1,398.9 | 1,434.8 | 10,356.1 | 10,911.4 | 11,191.4 | |
Other components of equity | 1,974.7 | 1,634.6 | 1,878.2 | 15,402.7 | 12,749.9 | 14,650.0 | |
Equity attributable to owners of the parent | 3,337.0 | 3,070.2 | 3,347.2 | 26,028.6 | 23,947.6 | 26,108.1 | |
Non-controlling interests | 5,056.9 | 4,264.2 | 4,064.1 | 39,443.8 | 33,260.7 | 31,700.0 | |
Total equity | 8,393.9 | 7,334.4 | 7,411.3 | 65,472.4 | 57,208.3 | 57,808.1 | |
Non-current liabilities | |||||||
Long-term borrowings | 5,388.5 | 5,363.3 | 4,893.9 | 42,030.3 | 41,833.7 | 38,172.4 | |
Deferred liabilities, provisions and payables | 1,332.2 | 1,128.9 | 850.0 | 10,391.2 | 8,805.4 | 6,630.0 | |
Deferred tax liabilities | 283.5 | 303.8 | 265.0 | 2,211.3 | 2,369.7 | 2,067.0 | |
7,004.2 | 6,796.0 | 6,008.9 | 54,632.8 | 53,008.8 | 46,869.4 | ||
15,398.1 | 14,130.4 | 13,420.2 | 120,105.2 | 110,217.1 | 104,677.5 | ||
(i) Refer to Note 1(B)
CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY - UNAUDITEDEquityattributable to owners of theparent
Differences
Shares arising from Reserves
heldfor Employee Other changesin forassets
Issued share share-based comprehensive equitiesof classified Capital Non- (Unaudited)
US$ millions | share capital | award scheme | Share premium | compensation reserve | (loss)/income (Note 11) | subsidiary companies | asheld forsale | andother reserves | Contributed Retained surplus earnings | Total | controlling interests | Total equity |
Balanceat 1January 2015 | ||||||||||||
Aspreviouslyreported | 42.9 | (8.7) | 1,797.2 | 61.7 | (379.1) | 345.2 | 16.8 | 12.3 | - 1,540.1 | 3,428.4 | 4,288.6 | 7,717.0 |
Prioryearadjustments(Note 1(B)) | - | - | - | - | 23.5 | 0.6 | - | - | - (105.3) | (81.2) | (224.5) | (305.7) |
Asrestated(i) | 42.9 | (8.7) | 1,797.2 | 61.7 | (355.6) | 345.8 | 16.8 | 12.3 | - 1,434.8 | 3,347.2 | 4,064.1 | 7,411.3 |
Profit fortheperiod | ||||||||||||
Aspreviouslyreported | - | - | - | - | - | - | - | - | - 159.6 | 159.6 | 208.6 | 368.2 |
Prioryearadjustments(Note 1(B)) | - | - | - | - | - | - | - | - | - (2.2) | (2.2) | (8.6) | (10.8) |
Asrestated(i) | - | - | - | - | - | - | - | - | - 157.4 | 157.4 | 200.0 | 357.4 |
Othercomprehensive(loss)/incomefortheperiod | ||||||||||||
Aspreviouslyreported | - | - | - | - | (128.2) | - | 0.2 | - | - - | (128.0) | (161.7) | (289.7) |
Prioryearadjustments | - | - | - | - | 3.0 | - | - | - | - - | 3.0 | 18.7 | 21.7 |
Asrestated(i) | - | - | - | - | (125.2) | - | 0.2 | - | - - | (125.0) | (143.0) | (268.0) |
Totalcomprehensive(loss)/incomefortheperiod | - | - | - | - | (125.2) | - | 0.2 | - | - 157.4 | 32.4 | 57.0 | 89.4 |
Issueofsharesupontheexerciseofshareoptions | - | - | 0.3 | (0.1) | - | - | - | - | - - | 0.2 | - | 0.2 |
Repurchaseandcancellationofshares | (0.2) | - | (17.8) | - | - | - | - | - | - - | (18.0) | - | (18.0) |
Sharesvestedundershareawardscheme | - | 0.2 | - | (0.2) | - | - | - | - | - - | - | - | - |
Employeeshare-basedcompensationbenefits | - | - | - | 6.7 | - | - | - | - | - - | 6.7 | - | 6.7 |
Acquisitionanddilutionofinterestsinsubsidiarycompanies | - | - | - | (0.1) | (1.7) | 23.2 | - | 0.1 | - - | 21.5 | 158.8 | 180.3 |
Appropriationtostatutoryreservefunds | - | - | - | - | - | - | 0.4 | - | - (0.4) | - | - | - |
2014 finaldividendpaid | - | - | - | - | - | - | - | - | - (71.5) | (71.5) | - | (71.5) |
Acquisitionofsubsidiarycompanies | - | - | - | - | - | - | - | - | - - | - | 93.4 | 93.4 |
Capitalcontributionsfromnon-controllingshareholders | - | - | - | - | - | - | - | - | - - | - | 63.9 | 63.9 |
Dividendspaidtonon-controllingshareholders | - | - | - | - | - | - | - | - | - - | - | (160.2) | (160.2) |
Balanceat 30June 2015 | 42.7 | (8.5) | 1,779.7 | 68.0 | (482.5) | 369.0 | 17.4 | 12.4 | - 1,520.3 | 3,318.5 | 4,277.0 | 7,595.5 |
Balanceat 1January 2016 | ||||||||||||
Aspreviouslyreported | 42.7 | (6.0) | 1,779.7 | 70.5 | (653.8) | 369.0 | 25.7 | 12.4 | - 1,508.7 | 3,148.9 | 4,480.2 | 7,629.1 |
Prioryearadjustments(Note 1(B)) | - | - | - | - | 30.6 | 0.5 | - | - | - (109.8) | (78.7) | (216.0) | (294.7) |
Asrestated(i) | 42.7 | (6.0) | 1,779.7 | 70.5 | (623.2) | 369.5 | 25.7 | 12.4 | - 1,398.9 | 3,070.2 | 4,264.2 | 7,334.4 |
Profit fortheperiod | - | - | - | - | - | - | - | - | - 127.6 | 127.6 | 237.4 | 365.0 |
Othercomprehensiveincome/(loss) fortheperiod | - | - | - | - | 57.4 | - | (8.3) | - | - 1.3 | 50.4 | 120.6 | 171.0 |
Totalcomprehensiveincome/(loss) fortheperiod | - | - | - | - | 57.4 | - | (8.3) | - | - 128.9 | 178.0 | 358.0 | 536.0 |
Issueofsharesupontheexerciseofshareoptions | - | - |
Issueofsharesundershareawardscheme | 0.1 | (2.8) |
Sharesvestedundershareawardscheme | - | 0.6 |
Transferfromsharepremiumtocontributedsurplus | - | - |
2.8 (0.9) - - - - - - 1.9 - 1.9
2.7 - - - - - - - - - -
- (0.6) - - - - - - - - -
(1,785.2) - - - - - 1,785.2 - - - -
Reclassification | - | - | - - | - | - | - | - | 173.8 | (173.8) | - | - | - |
Cancellationofshareoptions | - | - | - (4.0) | - | - | - | - | - | 4.0 | - | - | - |
Employeeshare-basedcompensationbenefits | - | - | - 6.4 | - | - | - | - | - | - | 6.4 | - | 6.4 |
Acquisition, divestmentanddilutionofinterestsin | ||||||||||||
subsidiarycompanies | - | - | - - | 8.3 | 102.2 | - | 0.2 | - | - | 110.7 | 532.8 | 643.5 |
Appropriationtostatutoryreservefunds | - | - | - - | - | - | 0.1 | - | - | (0.1) | - | - | - |
2015 finaldividendpaid | - | - | - - | - | - | - | - | - | (30.2) | (30.2) | - | (30.2) |
Acquisitionofsubsidiarycompanies | - | - | - - | - | - | - | - | - | - | - | 13.5 | 13.5 |
Capitalcontributionsfromnon-controllingshareholders | - | - | - - | - | - | - | - | - | - | - | 17.7 | 17.7 |
Dividendspaidtonon-controllingshareholders | - | - | - - | - | - | - | - | - | - | - | (129.3) | (129.3) |
Balanceat 30June 2016 | 42.8 | (8.2) | - 71.4 | (557.5) | 471.7 | 17.5 | 12.6 | 1,959.0 | 1,327.7 | 3,337.0 | 5,056.9 | 8,393.9 |
(i) Refer to Note 1(B)
Equityattributable to owners of theparent
Differences
Shares arising from Reserves
heldfor Employee Other changesin forassets
Issued share share-based comprehensive equitiesof classified Capital Non- (Unaudited)
share award Share compensation (loss)/income subsidiary asheld andother Contributed Retained controlling Total | ||||||||||||
HK$ millions* | capital | scheme | premium | reserve | (Note 11) | companies | forsale | reserves surplus earnings | Total | interests | equity | |
Balanceat 1January 2015 | ||||||||||||
Aspreviouslyreported | 334.6 | (67.9) | 14,018.1 | 481.3 | (2,957.0) | 2,692.6 | 131.0 | 96.0 - 12,012.8 | 26,741.5 | 33,451.1 | 60,192.6 | |
Prioryearadjustments(Note 1(B)) | - | - | - | - | 183.3 | 4.7 | - | - - (821.4) | (633.4) | (1,751.1) | (2,384.5) | |
Asrestated(i) | 334.6 | (67.9) 14,018.1 | 481.3 | (2,773.7) | 2,697.3 131.0 | 96.0 - 11,191.4 | 26,108.1 | 31,700.0 | 57,808.1 | |||
Profit fortheperiod | ||||||||||||
Aspreviouslyreported | - | - - | - | - | - - | - - 1,244.9 | 1,244.9 | 1,627.1 | 2,872.0 | |||
Prioryearadjustments(Note 1(B)) | - | - - | - | - | - - | - - (17.2) | (17.2) | (67.1) | (84.3) | |||
Asrestated(i) | - | - - | - | - | - - | - - 1,227.7 | 1,227.7 | 1,560.0 | 2,787.7 | |||
Othercomprehensive(loss)/incomefortheperiod | ||||||||||||
Aspreviouslyreported | - | - - | - | (1,000.0) | - 1.6 | - - - | (998.4) | (1,261.3) | (2,259.7) | |||
Prioryearadjustments | - | - - | - | 23.4 | - - | - - - | 23.4 | 145.9 | 169.3 | |||
Asrestated(i) | - | - - | - | (976.6) | - 1.6 | - - - | (975.0) | (1,115.4) | (2,090.4) | |||
Totalcomprehensive(loss)/incomefortheperiod | - | - - | - | (976.6) | - 1.6 | - - 1,227.7 | 252.7 | 444.6 | 697.3 | |||
Issueofsharesupontheexerciseofshareoptions | - | - 2.4 | (0.8) | - | - - | - - - | 1.6 | - | 1.6 | |||
Repurchaseandcancellationofshares | (1.5) | - (138.8) | - | - | - - | - - - | (140.3) | - | (140.3) | |||
Sharesvestedundershareawardscheme | - | 1.6 - | (1.6) | - | - - | - - - | - | - | - | |||
Employeeshare-basedcompensationbenefits | - | - - | 52.3 | - | - - | - - - | 52.3 | - | 52.3 | |||
Acquisitionanddilutionofinterestsinsubsidiarycompanies | - | - - | (0.8) | (13.2) | 180.9 - | 0.7 - - | 167.6 | 1,238.6 | 1,406.2 | |||
Appropriationtostatutoryreservefunds | - | - - | - | - | - 3.1 | - - (3.1) | - | - | - | |||
2014 finaldividendpaid | - | - - | - | - | - - | - - (557.8) | (557.8) | - | (557.8) | |||
Acquisitionofsubsidiarycompanies | - | - - | - | - | - - | - - - | - | 728.5 | 728.5 | |||
Capitalcontributionsfromnon-controllingshareholders | - | - - | - | - | - - | - - - | - | 498.4 | 498.4 | |||
Dividendspaidtonon-controllingshareholders | - | - - | - | - | - - | - - - | - | (1,249.5) | (1,249.5) | |||
Balanceat 30June 2015 | 333.1 | (66.3) | 13,881.7 | 530.4 | (3,763.5) | 2,878.2 | 135.7 | 96.7 | - 11,858.2 | 25,884.2 | 33,360.6 | 59,244.8 |
Balanceat 1January 2016 | ||||||||||||
Aspreviouslyreported | 333.1 | (46.8) | 13,881.6 | 549.9 | (5,099.6) | 2,878.2 | 200.5 | 96.7 | - 11,767.8 | 24,561.4 | 34,945.6 | 59,507.0 |
Prioryearadjustments(Note 1(B)) | - - - - 238.7 | 3.9 | - - - (856.4) (613.8) | (1,684.9) | (2,298.7) | |||||||
Asrestated(i) | 333.1 (46.8) 13,881.6 549.9 (4,860.9) | 2,882.1 | 200.5 96.7 - 10,911.4 23,947.6 | 33,260.7 | 57,208.3 | |||||||
Profit fortheperiod | - | - | - | - | - | - - | - - 995.3 | 995.3 | 1,851.7 | 2,847.0 | ||
Othercomprehensiveincome/(loss) fortheperiod | - | - | - | - | 447.7 | - (64.7) | - - 10.1 | 393.1 | 940.7 | 1,333.8 | ||
Totalcomprehensiveincome/(loss) fortheperiod | - | - | - | - | 447.7 | - (64.7) | - - 1,005.4 | 1,388.4 | 2,792.4 | 4,180.8 | ||
Issueofsharesupontheexerciseofshareoptions | - | - | 21.8 | (7.0) | - | - - | - - - | 14.8 | - | 14.8 | ||
Issueofsharesundershareawardscheme | 0.7 | (21.9) | 21.2 | - | - | - - | - - - | - | - | - | ||
Sharesvestedundershareawardscheme | - | 4.7 | - | (4.7) | - | - - | - - - | - | - | - | ||
Transferfromsharepremiumtocontributedsurplus - - (13,924.6) - - - - - 13,924.6 - - - -
Reclassification | - - - - - - - - 1,355.6 (1,355.6) | - | - | - |
Cancellationofshareoptions | - - - (31.2) - - - - - 31.2 | - | - | - |
Employeeshare-basedcompensationbenefits | - - - 49.9 - - - - - - | 49.9 | - | 49.9 |
Acquisition, divestmentanddilutionofinterestsin | ||||
subsidiarycompanies | - - - - 64.7 797.2 - 1.6 - - | 863.5 | 4,155.8 | 5,019.3 |
Appropriationtostatutoryreservefunds | - - - - - - 0.7 - - (0.7) | - | - | - |
2015 finaldividendpaid | - - - - - - - - - (235.6) | (235.6) | - | (235.6) |
Acquisitionofsubsidiarycompanies | - - - - - - - - - - | - | 105.3 | 105.3 |
Capitalcontributionsfromnon-controllingshareholders | - - - - - - - - - - | - | 138.1 | 138.1 |
Dividendspaidtonon-controllingshareholders | - - - - - - - - - - | - | (1,008.5) | (1,008.5) |
Balanceat 30June 2016 | 333.8 (64.0) - 556.9 (4,348.5) 3,679.3 136.5 98.3 15,280.2 10,356.1 | 26,028.6 | 39,443.8 | 65,472.4 |
(i) Refer to Note 1(B)
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