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2009/10 Annual Report Lenovo Group Limited
135135
30 Share capital and reserves – Company (continued)
The changes in the share capital and reserves of the Company during the year ended March 31, 2009 are as follows:
Convertible
rights in
respect of
convertible
preferred Share Share-based
Share Share shares and redemption compensation Hedging Exchange Other Retained
capital premium warrants reserve reserve reserve reserve reserve earnings Total
US$’000 US$’000 US$’000 US$’000 US$’000 US$’000 US$’000 US$’000 US$’000 US$’000
At April 1, 2008 29,699 1,150,684 42,159 497 78,737 (1,788) 3,246 – 792,934 2,096,168
Fair value change on
interest rate swap contracts – – – – – (5,977) – – – (5,977)
Loss for the year – – – – – – – – (59,626) (59,626)
Exchange differences – – – – – – 9,679 – – 9,679
Vesting of shares under
long-term incentive program – – – – (40,167) – – – – (40,167)
Exercise of share options 80 9,353 – – – – – – – 9,433
Share-based compensation – – – – 54,114 – – – – 54,114
Repurchase of shares (249) (53,658) – – – – – – – (53,907)
Dividends paid – – – – – – – – (187,606) (187,606)
At March 31, 2009 29,530 1,106,379 42,159 497 92,684 (7,765) 12,925 – 545,702 1,822,111
31 Significant related party transactions
(a) The Group had the following significant related party transactions in the normal course of business during the year:
2010 2009
US$’000 US$’000
北京聯想利泰軟件有限公司
(Beijing Legendsoft International Technology Company Limited)
(an associated company)
– Purchase of goods 165 6,361
– Service income 1,724 1,399
Note: The English name of the company is a direct translation of its Chinese registered name.
During the year, the Group acquired the entire interests in Lenovo Mobile Communication Technology Ltd, 40% of
which was purchased from Jade Ahead Limited, an associate of the controlling shareholder of the Company. Details
of the transaction are disclosed in Note 37 to these financial statements.
The directors are of the opinion that the above transactions were conducted on normal commercial terms and in the
ordinary course of business of the Group.
(b) Key management compensation
Details on key management compensation are set out in Note 11.