2015 — Page 119

23

CAPITAL AND RESERVES

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

(a) Movements in components of equity

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:

The Company

Balance at 1 January 2014

Changes in equity for 2014: Profit for the year

Other comprehensive income

Share

Note

capital

HK$'000

(note 23(b))

Share

premium

Retained

profits

Total

HK$'000

HK$'000

HK$'000

356,274

1,398,527

1,840,470

3,595,271

11,015

11,015

(1,107)

(1,107)

9,908

9,908

(92,631)

(92,631)

(356,274)

(356,274)

23(b)

1,398,527

(1,398,527)

Total comprehensive income

Dividends approved in respect

of the previous year

9

Dividends declared in respect

of the current year

9

Transition to no-par value

regime on 3 March 2014

Balance at 31 December 2014

and 1 January 2015

Changes in equity for 2015:

Profit for the year

Other comprehensive income

Total comprehensive income

Dividends approved in respect

of the previous year Dividends declared in respect

of the current year

9

9

Balance at 31 December 2015

1,754,801

1,754,801

1,401,473

3,156,274

15,351

15,351

(1,698)

(1,698)

13,653

13,653

(199,513)

(199,513)

(35,627)

(35,627)

1,179,986 2,934,787

Hong Kong Ferry (Holdings) Company Limited Annual Report 2015

117