Virgin Media 2006 Annual Report Download - page 146

VIRGIN MEDIA INVESTMENT HOLDINGS LIMITED AND SUBSIDIARIES
CONSOLIDATED STATEMENT OF SHAREHOLDERS’ EQUITY
(in millions, except share data)
Accumulated Other
Comprehensive Income
(Loss)
Share Capital
£0.001
par value Additional Paid−InComprehensive Income Pension Liability
Net
Unrealized
(Losses)
Gains OnAccumulated
Shares Par Capital (Loss) AdjustmentsDerivatives Deficit Total
Balance, December 31, 2003 121,004 £— £1,399.9 £ £ (0.4) £ — £ (498.3) £ 901.2
Share issues 2 — — — — — —
Comprehensive loss:
Net loss for the year ended December 31, 2004 — — — £ (562.5) — — (562.5) (562.5)
Net unrealized losses on derivative instruments — — — (24.0) — (24.0) — (24.0)
Pension liability adjustment — — — (1.7) (1.7) — — (1.7)
£ (588.2)
Balance, December 31, 2004 121,006 — 1,399.9 (2.1) (24.0) (1,060.8) 313.0
Comprehensive income:
Net income for the year ended December 31, 2005 — — — £ 433.6 — — 433.6 433.6
Net unrealized gains on derivative instruments — — — 23.2 — 23.2 — 23.2
Pension liability adjustment — — — (16.1) (16.1) — — (16.1)
£ 440.7
Balance, December 31, 2005 121,006 — 1,399.9 (18.2) (0.8) (627.2) 753.7
On acquisition of Telewest 84,352 — 2,420.6 — — — 2,420.6
On acquisition of Virgin Mobile 19,194 — 550.8 — — — 550.8
Adjustment to initially apply FAS 158 — — — (9.4) — — (9.4)
Comprehensive income:
Net income for the year ended December 31, 2006 — — — £ (372.3) — — (372.3) (372.3)
Net unrealized gains on derivative instruments — — — (15.2) — (15.2) — (15.2)
Pension liability adjustment — — — 7.6 7.6 — — 7.6
£ (379.9)
Balance, December 31, 2006 224,552 — £4,371.3 £(20.0) £ (16.0) £ (999.5) £ 3,335.8
See accompanying notes.
F−67
Source: VIRGIN MEDIA INVESTM, 10−K, March 01, 2007