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ASX Additional Information

THE GROUP PARENT ENTITY

2008
$’000
2007
$’000
2008
$’000
2007
$’000
NOTE 27 — RESERVES AND RETAINED EARNINGS
Reserves
Available-for-sale investments revaluation
Investment property revaluation
Hedging
Share-based payments
Foreign currency translation
7,471
3,553
380
3,012
(9,239)
9,628
3,553
1,172
1,444
(4,374)
7,471
—
—
3,012
—
9,628
—
—
1,444
—
5,177 11,423 10,483 11,072
Movements in reserves
Available-for-sale investments revaluation reserve
Balance at the beginning of the year
Movement in fair value — net of tax
Recognised in Income Statement for investments sold — net of tax
9,628
(2,157)
—
16,615
6,337
(13,324)
9,628
(2,157)
—
11,028
1,419
(2,819)
Balance at the end of the year 7,471 9,628 7,471 9,628
Investment property revaluation reserve
Balance at the beginning of the year 3,553 3,553 — —
Balance at the end of the year 3,553 3,553 — —
Hedging reserve
Balance at the beginning of the year
Movement in fair value of cash flow hedging instruments — net of tax
Share of associates’ decrement in hedging reserve
Transfer to retained earnings
1,172
(1,208)
—
416
883
705
(416)
—
—
—
—
—
—
—
—
—
Balance at the end of the year 380 1,172 — —
Share-based payments reserve
Balance at the beginning of the year
Amount recognised in Income Statement as employee expense
Amount charged to related entities
Other adjustments
1,444
1,410
76
82
898
477
28
41
1,444
977
509
82
898
306
199
41
Balance at the end of the year 3,012 1,444 3,012 1,444
Foreign currency translation reserve
Balance at the beginning of the year
Currency translation adjustment on controlled foreign entities’
financial statements
Share of associates’ decrement in foreign currency translation reserve
Transfer to retained earnings
(4,374)
(2,916)
(1,788)
(161)
(2,223)
(578)
(1,573)
—
—
—
—
—
—
—
—
—
Balance at the end of the year (9,239) (4,374) — —
General reserve
Balance at the beginning of the year
Share of associates’ decrement in general reserve
Transfer to retained earnings
—
—
—
—
(2)
2
—
—
—
—
—
—
Balance at the end of the year — — — —

Available-for-sale investments revaluation reserve

This reserve includes the cumulative net change in the fair value of available-for-sale investments. Amounts are recognised in the Income
Statement when the associated assets are sold or impaired.