STATEMENTS OF
CHANGES IN EQUITY
for the Financial Year Ended 31 December 2008
 
Attributable to equity holders of
the Company
 
Share
Capital
(Note 22)
S$’000
Hedging
Reserve
(Note 23)
S$’000
Share
Option
Reserve
S$’000
Retained
Profits
S$’000
Total
S$’000
2008
Group		          
As at 1 Jan 08
114,439
(257)
5,011
82,718
201,911
Income recognised directly
in equity:		  
 
Net change in reserve
-
(1,898)
-
-
(1,898)
Net profit
-
-
-
150,109
150,109
Total income/(expense)
recognised for the year
-
(1,898)
-
150,109
148,211
 
Issuance of ordinary shares
on exercise of employee
share options
1,773
-
-
-
1,773
Expenses on share options
-
-
1,087
-
1,087
Dividends
-
-
-
(129,750)
(129,750)
As at 31 Dec 08
116,212
(2,155)
6,098
103,077
223,232
 
2007
Group
As at 1 Jan 07
211,985
(81)
3,446
166,618
381,968
Income recognised directly
in equity:
 
Net change in reserve
-
(176)
-
-
(176)
Net profit
-
-
-
171,801
171,801
Total income/(expense)
recognised for the year
-
(176)
-
171,801
171,625
 
Issuance of ordinary shares
on exercise of employee
share options
4,810
-
-
-
4,810
Capitalisation of retained
earnings
158,957
-
-
(158,957)
-
Capital distributions
(261,313)
-
-
-
(261,313)
Expenses on share options
-
-
1,565
-
1,565
Dividends
-
-
-
(96,744)
(96,744)
As at 31 Dec 07
114,439
(257)
5,011
82,718
201,911
 
2008
Company
As at 1 Jan 08
114,439
(257)
5,011
84,905
204,098
Income recognised directly
in equity:
 
Net change in reserve
-
(1,898)
-
-
(1,898)
Net profit
-
-
-
145,595
145,595
Total income/(expense)
recognised for the year
-
(1,898)
-
145,595
143,697
 
Issuance of ordinary shares
on exercise of employee
share options
1,773
-
-
-
1,773
Expenses on share options
-
-
1,087
-
1,087
Dividends
-
-
-
(129,750)
(129,750)
As at 31 Dec 08
116,212
(2,155)
6,098
100,750
220,905
 
2007
Company
As at 1 Jan 07
211,985
(81)
3,446
168,025
383,375
Income recognised directly
in equity:
 
Net change in reserve
-
(176)
-
-
(176)
Net profit
-
-
-
172,581
172,581
Total income/(expense)
recognised for the year
-
(176)
-
172,581
172,405
 
Issuance of ordinary shares
on exercise of employee
share options
4,810
-
-
-
4,810
Capitalisation of retained
earnings
158,957
-
-
(158,957)
-
Capital distributions
(261,313)
-
-
-
(261,313)
Expenses on share options
-
-
1,565
-
1,565
Dividends
-
-
-
(96,744)
(96,744)
As at 31 Dec 07
114,439
(257)
5,011
84,905
204,098






The accompanying accounting policies and explanatory notes form an integral part
of the financial statements.
# Statements of Changes in Equity