Mandarin Oriental International Limited - Mandarin Oriental Hotel ...

Consolidated Statement of Recognized Income
and Expense
for the year ended 31st December 2008
2008 2007
US$m US$m
(Deficits)/surpluses on revaluation of properties (69.3 ) 78.4
Actuarial (losses)/gains on defined benefit pension plans (27.6 ) 7.6
Net exchange translation differences (74.0 ) 38.3
Gain on other investments 0.2 0.1
Loss on cash flow hedges (18.1 ) (5.5 )
Tax on items taken directly to equity 32.6 (29.6 )
Net (loss)/income recognized directly in equity (156.2 ) 89.3
Transfer to profit and loss on realization of exchange reserves (0.7 ) (8.3 )
Profit for the year 66.2 107.4
Total recognized income and expense for the year (90.7 ) 188.4
Attributable to:
Shareholders of the Company (87.2 ) 184.1
Minority interests (3.5 ) 4.3
(90.7 ) 188.4
Annual Report 2008 29