Notes to the Financial Statements - Swissco Holdings Limited

Notes
to the Financial Statements
For the financial year ended 31 December 2009
25. Other reserves (continued)
(b)
Movements:
(i) Share option reserve
At 1 January 605,133 286,955 605,133 286,955
Employee share option scheme:
- Value of employee service (Note 7) 363,439 430,949 363,439 430,949
- Transfer to share capital on
exercise of share options – (112,771) – (112,771)
At 31 December 968,572 605,133 968,572 605,133
(ii) Fair value reserve
At 1 January 13,394,365 122,644,365 18,705,920 127,955,920
Financial assets, available-for-sale:
- Fair value gains/(losses) (Note 11) 15,400,539 (109,250,000) 15,400,539 (109,250,000)
- Reclassification to profit or loss
(Note 4) (6,722,860) – (8,260,413) –
At 31 December 22,072,044 13,394,365 25,846,046 18,705,920
26. Retained earnings
(a)
(b)
The retained earnings of the Group and the Company are distributable.
Movement in retained earnings for the Company is as follows:
Company
2009 2008
$ $
At 1 January 27,774,922 31,661,291
Total comprehensive income/(loss) for the year 6,389,520 (1,918,532)
Dividends (Note 27) (1,972,087) (1,967,837)
At 31 December 32,192,355 27,774,922
Movements in retained earnings for the Group are shown in the Consolidated Statement of Changes
in Equity.
Swissco International Limited Annual Report 2009
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