Page 131 - ar2013.pdf

NOTES TO THE FINANCIAL STATEMENTS
For the Ànancial year ended 31 December 2013
129
Annual Report 2013
F i nanc i a l Statement s
31. Statutory and other reserves (continued)
The Group
2013 2012
$’000 $’000
(b) Movements: (continued)
(iv) Asset revaluation reserve
Beginning of financial year 6,118 9,336
Revaluation reserve transferred to retained earnings (3,218) (3,218)
End of financial year 2,900 6,118
(v) Fair value reserve
Beginning of financial year 173 154
Fair value (loss)/gain for available-for-sale financial asset
(Note 18) (123) 49
Deferred tax credited/(charged) to equity (Note 29) 31 (12)
(92) 37
Non-controlling interests 45 (18)
End of financial year 126 173
Statutory reserve represents the amount set aside in compliance with the local laws in the PRC where the
subsidiaries of the Group reside.
Statutory and other reserves are non-distributable.
32. Dividends
The Group and Company
2013 2012
$’000 $’000
Ordinary dividends paid
Final tax-exempt one-tier dividend paid in respect of the previous financial
year of 2.0 cents (2012: 3.0 cents) per ordinary share 44,785 67,177
At the Annual General Meeting scheduled on 23 April 2014, a first and final tax-exempt one-tier dividend of 1 cent
per ordinary share (2012: first and final tax-exempt one-tier dividend of 2 cents per ordinary share) amounting to a
total of $22,392,000 (2012: $44,785,000), based on the number of shares issued as of 31 December 2013, will be
recommended. These financial statements do not reflect the dividends recommended for the financial year ended 31
December 2013, which will be accounted for in equity as an appropriation of retained earnings in the financial year
ending 31 December 2014.