Carphone Warehouse 2014 Annual Report Download - page 90

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Carphone Warehouse Group plc
Annual Report 2014
88
FINANCIAL STATEMENTS
Notes to the Group financial statements continued
21 RESERVES AND ACCUMULATED PROFITS
Share Capital
Share premium Accumulated Translation Demerger redemption
capital reserve profits reserve reserve reserve Total
2014 £m £m £m £m £m £m £m
At the beginning of the year 1170 1,238 2(750) —661
Net profit for the year — — 48 — — — 48
Other comprehensive income (expense) — — 2 (11) — — (9)
Issue of shares —113 103 — — — 216
Net purchase of own shares — — (12) — — — (12)
Equity dividends — — (30) — — — (30)
Tax on items recognised directly through reserves — — 6 — — — 6
At the end of the year 1283 1,355 (9) (750) —880
Share Capital
Share premium Accumulated Translation Demerger redemption
capital reserve profits reserve reserve reserve Total
2013 £m £m £m £m £m £m £m
At the beginning of the year 34 170 697 —(750) 557 708
Net profit for the year — — 4 — — — 4
Other comprehensive income — — — 2 — — 2
Redemption of shares (33) —(33) — — 33 (33)
Equity dividends — — (23) — — — (23)
Capital reduction — — 590 — — (590) —
Share of other reserve movements of joint ventures — — 3 — — — 3
At the end of the year 1170 1,238 2(750) —661
22 EQUITY DIVIDENDS AND OTHER DISTRIBUTIONS
The following dividends and distributions were paid during the year:
2014 2013
£m £m
Redemption of 172p per B share through the B/C Share Scheme —33
Final dividend for the year ended 31 March 2012 of 3.25p per ordinary share —15
Interim dividend for the year ended 31 March 2013 of 1.75p per ordinary share —8
Final dividend for the year ended 31 March 2013 of 3.25p per ordinary share 19 —
Interim dividend for the year ended 29 March 2014 of 2.00p per ordinary share 11 —
30 56
The following distribution is proposed but had not been effected at  March :
£m
Final dividend for the year ended 29 March 2014 of 4.00p per ordinary share 23
The proposed final dividend for the year ended  March  is subject to shareholders’ approval at the forthcoming annual general
meeting and has not been included as a liability in these financial statements.