Holiday Inn 2005 Annual Report Download - page 87

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Share Capital
premium redemption Profit and
account reserve loss account
7 MOVEMENTS IN RESERVES £m £m £m
At 31 December 2004 –––
Capital reduction (note 6) – – 2,723
Premium on allotment of ordinary shares 6––
Repurchase of shares – – (83)
Transfer to capital redemption reserve – 1 (1)
Retained loss for the period – – (871)
At 31 December 2005 6 1 1,768
8 PROFIT AND DIVIDENDS
Loss on ordinary activities after taxation amounts to £851m (2004 £nil).
An interim dividend of 4.60p (2004 nil) per share was paid during the year, amounting to £20m (2004 £nil).
A final dividend of 10.70p (2004 nil) per share, amounting to £46m (2004 £nil), is proposed for approval at the Annual General Meeting.
The proposed final dividend is payable on shares in issue at 31 March 2006.
9 CONTINGENCIES
Contingent liabilities of £446m (2004 £nil) in respect of guarantees of the liabilities of subsidiaries have not been provided for in the
financial statements.
InterContinental Hotels Group 2005 85