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CIMIC Group Limited Annual Report 2016 |
Financial Report
Notes continued
for the 12 months to 31 December 2016
21. RESERVES
Note
12 months to
December 2016
$m
12 months to
December 2015
$m
Foreign currency translation reserve
Balance at beginning of reporting period
348.6
134.8
Included in statement of other comprehensive income
35.7
213.8
Balance at reporting date
384.3
348.6
Hedging reserve
Balance at beginning of reporting period
3.0
0.4
Included in statement of other comprehensive income
(14.5)
2.6
Balance at reporting date
(11.5)
3.0
Fair value reserve
Balance at beginning of reporting period
20.0
14.0
Included in statement of other comprehensive income
(20.0)
6.0
Balance at reporting date
-
20.0
Associates equity reserve
Balance at beginning of reporting period
21.2
21.2
Included in statement of other comprehensive income
29
(21.2)
-
Balance at reporting date
-
21.2
Equity reserve
Balance at beginning of reporting period
(31.9)
(18.1)
Acquisition of non-controlling interests
29
(566.7)
(13.8)
Balance at reporting date
(598.6)
(31.9)
Share buy-back reserve
Balance at beginning of reporting period
-
-
Premium paid over par on share buy-back
(123.7)
-
Balance at reporting date
(123.7)
-
Share based payments reserve
Balance at beginning of reporting period
62.7
66.7
Included in statement of profit or loss
1.0
0.1
Share based payments
(18.8)
(4.1)
Balance at reporting date
44.9
62.7
Total reserves at reporting date
(304.6)
423.6
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