Carphone Warehouse 2008 Annual Report Download - page 91

Download and view the complete annual report

Please find page 91 of the 2008 Carphone Warehouse annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 94

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94

www.cpwplc.com 79
5Current asset investments
2008 2007
£m £m
Available-for-sale investments 2.2 –
6 Trade and other receivables
2008 2007
£m £m
Amounts owed by Group undertakings 1,654.1 1,416.4
Other debtors 15.6 8.0
Prepayments and accrued income 3.5 –
1,673.2 1,424.4
Amounts owed by Group undertakings are repayable within 12 months of the balance sheet date.
7Trade and other payables: amounts falling due within one year
2008 2007
£m £m
Loans and overdrafts 32.0 9.7
Amounts owed to Group undertakings 915.7 894.8
Other creditors 5.5 0.8
Forward currency contracts 3.1 0.3
Accruals and deferred income 11.5 12.5
967.8 918.1
8 Trade and other payables: amounts falling due after more than one year
2008 2007
£m £m
Loans 894.2 707.6
Other creditors 1.0 1.5
895.2 709.1
9Financial instruments
The Company has applied the exemption under FRS25 ‘Financial Instruments: Disclosure and Presentation’ not to disclose details of financial instruments
held by the Company. Full disclosure of the Group’s financial instruments under FRS29 (IFRS 7) ‘Financial Instruments: Disclosures’ and IAS39 ‘Financial
Instruments: Recognition and Measurement’ is provided in note 21 to the Group financial statements.
10 Share capital
2008 2007 2008 2007
million million £m £m
Authorised
Ordinary shares of 0.1p each 1,500 1,500 1.5 1.5
Allotted, called-up and fully paid
Ordinary shares of 0.1p each 914 896 0.9 0.9
Movements in share capital in the period arose from the issue of shares to the Group’s Employee Share Ownership Trust (see note 24 to the Group
financial statements) and the exercise of share options.
Financial Statements