Virgin Media 2009 Annual Report Download - page 102

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VIRGIN MEDIA INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENT OF SHAREHOLDERS’ EQUITY
(in millions)
Accumulated Other
Comprehensive Income (Loss)
Net
Common Additional Comprehensive Foreign Pension (Losses)
Stock $.01 Paid-In Income Currency Liability Gains on Accumulated
Par Value Capital (Loss) Translation Adjustments Derivatives Deficit Total
Balance, December 31, 2006 ....... £1.8 £4,303.4 £(454.0) £131.6 £(20.0) £ 4.4 £(1,191.1) £3,230.1
Exercise of stock options and tax effect — 17.6 — — — — 17.6
Stock compensation costs ......... — 14.9 — — — — 14.9
Dividends paid ................ — — — — — (21.2) (21.2)
Comprehensive loss:
Net loss for the year ended
December 31, 2007 ............ — — £(463.5) — — — (463.5) (463.5)
Currency translation adjustment ..... — — (0.2) (0.2) — — — (0.2)
Net gains on derivatives, net of tax . . . — — 53.8 — — 53.8 — 53.8
Reclassification of derivative gains to
net income, net of tax .......... — — (40.8) — — (40.8) — (40.8)
Pension liability adjustment, net of tax . — — 19.8 — 19.8 — — 19.8
Balance, December 31, 2007 ....... £1.8 £4,335.9 £(430.9) £131.4 £ (0.2) £ 17.4 £(1,675.8) £2,810.5
Exercise of stock options and tax effect — 0.6 — — — — 0.6
Stock compensation costs ......... — 16.6 — — — — 16.6
Dividends paid ................ — — — — — (29.3) (29.3)
Equity component of convertible notes . — 108.2 — — — — 108.2
Comprehensive loss:
Net loss for the year ended
December 31, 2008 ............ — — £(920.0) — — — (920.0) (920.0)
Currency translation adjustment ..... — — 38.2 38.2 — — — 38.2
Net gains on derivatives, net of tax . . . — — 147.8 — — 147.8 — 147.8
Reclassification of derivative gains to
net income, net of tax .......... — — (125.1) — — (125.1) — (125.1)
Pension liability adjustment, net of tax . — — (31.3) — (31.3) — — (31.3)
Balance, December 31, 2008 ....... £1.8 £4,461.3 £(890.4) £169.6 £(31.5) £ 40.1 £(2,625.1) £2,016.2
Exercise of stock options and tax effect — 2.7 — — — — 2.7
Stock compensation costs ......... — 19.2 — — — — 19.2
Dividends paid ................ — — — — — (33.3) (33.3)
Comprehensive loss:
Net loss for the year ended
December 31, 2009 ............ — — £(357.8) — — — (357.8) (357.8)
Currency translation adjustment ..... — — (9.5) (9.5) — — — (9.5)
Net losses on derivatives, net of tax . . . — — (216.6) — — (216.6) — (216.6)
Reclassification of derivative losses to
net income, net of tax .......... — — 121.2 — — 121.2 — 121.2
Pension liability adjustment, net of tax . — — (50.8) — (50.8) — — (50.8)
Balance, December 31, 2009 ....... 1.8 £4,483.2 £(513.5) £160.1 £(82.3) £ (55.3) £(3,016.2) £1,491.3
See accompanying notes.
F-6