58 AVESCOGROUPPLC ANNUAL REPORT 2009
www.avesco.com
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
YEAR ENDED 30 SEPTEMBER 2009
30. Capital and reserves
Share Share
capital premium Translation Hedging Retained
account account reserve reserve earnings Total
Group £000s £000s £000s £000s £000s £000s
At 1 October 2007 2,599 23,286 (11) - 23,813 49,687
Profit for the year - - - - 5,411 5,411
External dividends paid - - - - (1,524) (1,524)
Currency translation differences - - 390 - - 390
Cash flow hedges - - - 164 - 164
Deferred tax liability on cash flow hedges - - - (41) - (41)
Purchase of treasury shares - - - - (1,011) (1,011)
LTIP and share options - - - - (45) (45)
At 30 September 2008 2,599 23,286 379 123 26,644 53,031
Loss for the year - - - - (13,740) (13,740)
External dividends paid - - - - (876) (876)
Currency translation differences - - 239 - - 239
Cash flow hedges - - - (164) - (164)
Deferred tax liability on cash flow hedges - - - 41 - 41
At 30 September 2009 2,599 23,286 618 - 12,028 38,531
Share Share
capital premium Retained
account account earnings Total
Company £000s £000s £000s £000s
At 1 October 2007 2,599 23,286 25,602 51,487
Profit for the year - - 771 771
Purchase of treasury shares - - (1,011) (1,011)
External dividends paid - - (1,524) (1,524)
Group dividends received - - 6,354 6,354
LTIP and share options - - (45) (45)
At 30 September 2008 2,599 23,286 30,147 56,032
Loss for the year - - (5,985) (5,985)
External dividends paid - - (876) (876)
Group dividends received - - 6,500 6,500
At 30 September 2009 2,599 23,286 29,786 55,671
The loss for the parent company for the year was £5,985,000 (2008: profit of £771,000).
On 11 October 2007, the Company purchased 850,000 ordinary shares at a price of 116.5 pence per share. A further 20,000 ordinary shares at a price of 104.0
pence per share were purchased on 9 January 2008. All such shares are held as treasury shares. At 30 September 2009 962,500 (2008: 962,500) ordinary
shares of the Company were held in treasury representing 3.7% (2008: 3.7%) of the ordinary share capital in issue as at that date. As at 30 September 2009 the
treasury shares had a market value of 27.5p per share (2008: 33.0p per share)
Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44  |  Page 45  |  Page 46  |  Page 47  |  Page 48  |  Page 49  |  Page 50  |  Page 51  |  Page 52  |  Page 53  |  Page 54  |  Page 55  |  Page 56  |  Page 57  |  Page 58  |  Page 59  |  Page 60  |  Page 61  |  Page 62  |  Page 63  |  Page 64  |  Page 65  |  Page 66  |  Page 67  |  Page 68  |  Page 69  |  Page 70  |  Page 71  |  Page 72