UOB Annual Report 2002 - United Overseas Bank

Consolidated Statement of Changes in Equity
for the financial year ended 31 December 2002
The Group
2002
Non-
Share of
Share Share Distributable Revenue Reserves of
Note Capital Premium Reserves Reserves Associates Total
$'000 $'000 $'000 $'000 $'000 $'000
Balance at 1 January 2002
As previously reported 1,571,109 786,192 6,622,841 3,136,210 537,354 12,653,706
Prior year adjustments
resulting from adoption
of revised SAS 12 19 – – – 63,133 – 63,133
As restated 1,571,109 786,192 6,622,841 3,199,343 537,354 12,716,839
Net profit for the financial year
attributable to members – – – 1,064,200 – 1,064,200
Differences arising from
currency translation of
financial statements of foreign
branches and subsidiaries 18 – – (14,514) – – (14,514)
Group’s share of reserves of
associates 20 – – – – (393,977) (393,977)
Other adjustments 18,19 – – (2,968) (2,129) – (5,097)
Total recognised gains/(losses)
for the financial year – – (17,482) 1,062,071 (393,977) 650,612
Net transfer to revenue reserves 18,19 – – (384,707) 384,707 – –
Transfer from share of
reserves of associates 18,19,20 – – 2,552 7,231 (9,783) –
Dividends 19 – – – (720,348) – (720,348)
Issue of shares to option holders
who exercised their rights 16,17 494 5,041 – – – 5,535
Balance at 31 December 2002 1,571,603 791,233 6,223,204 3,933,004 133,594 12,652,638
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