Ryanair 2006 Annual Report Download - page 38

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Consolidated Statement of Recognised Income and Expense and
other reserve movements
38
ANNUAL REPORT & FINANCIAL STATEMENTS 2006
The following note analyses our consolidated changes in shareholders’ equity
Share
Ordinarypremium Retained Other
shares account earnings reserves Total
000 000 000 000 000
Balance at April 1, 2004 9,643 560,406 883,274 - 1,453,323
Issue of ordinary equity shares 32 5,350 - - 5,382
Profit for the financial year - - 280,043 - 280,043
Share-based payments - - - 488 488
Retirement benefits - - (4,733) - (4,733)
Balance at March 31, 2005 9,675 565,756 1,158,584 488 1,734,503
Adjustment for impact of first time adoption of IAS 39 - - - (128,074) (128,074)
Issue of ordinary equity shares 115 30,475 - - 30,590
Profit for the financial year - - 306,712 - 306,712
Share-based payments - - - 2,921 2,921
Retirement benefits - - 2,327 - 2,327
Balance at March 31, 2006 9,790 596,231 1,467,623 (81,659) 1,991,985
The total share based payments reserve at March 31, 2006 was 3.4m (2005: 0.5m) and the cash flow hedging reserve amounted
to 85.1m at March 31, 2006 (2005: nil). Further details of the groups derivatives are set out in notes 3, 15 and 27. The accumulated
balance on retained earnings is stated after a write off of goodwill on a previous group reorganisaton of 4.1 m which arose in the year
ended March 31, 1997. The group has elected not to restate this transaction in accordance with provisions of IFRS 1.
for the year ended March 31, 2006
New movements into cash flow hedge reserve - - - 65,966 65,966
Movements from cash flow hedge reserve - - - (22,960) (22,960)
Net movements into cash flow hedge reserve - - - 43,006 43,006
Consolidated Statement of Recognised Income and Expense 2006 2005
000 000
Net actuarial gains/(losses) from retirement benefit plans 2,327 (4,733)
Cash flow hedge reserve
New movements into cash flow hedge reserve 65,966 -
Movements from cash flow hedge reserve (22,960) -
Net movements into cash flow hedge reserve 43,006 -
Profit for the year 306,712 280,043
Total recognised income and expense 352,045 275,310
Transition to IFRS - impact of IAS 39-cash flow hedge reserve (128,074) -
Total recognised income and expense as restated
attributable to equity shareholders 223,971 275,310