Virgin Media 2012 Annual Report Download - page 76
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F-5
VIRGIN MEDIA INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY
(in millions)
Accumulated Other
Comprehensive Income (Loss)
Common
Stock $0.01
Par Value
Additional
Paid-In
Capital
Foreign
Currency
Translation
Pension
Liability
Adjustments
Net (Losses)
Gains on
Derivatives Accumulated
Deficit Total
Balance, December 31, 2009 £ 1.8 £ 4,483.2 £ 160.1 £ (82.3) £ (55.3) £ (3,016.2) £ 1,491.3
Exercise of stock options and tax effect — 16.9 — — — — 16.9
Repurchase of common stock — (154.3) — — — (7.2)(161.5)
Stock compensation costs — 29.4 — — — — 29.4
Dividends paid —————(34.1)(34.1)
Net loss for the year ended December 31,
2010 —————(141.4)(141.4)
Currency translation adjustment — — 2.5 — — — 2.5
Net gains on derivatives, net of tax — — — — 75.1 — 75.1
Reclassification of derivative gains to net
losses, net of tax — — — — (29.0)— (29.0)
Pension liability adjustment, net of tax — — — 15.4 — — 15.4
Balance, December 31, 2010 £ 1.8 £ 4,375.2 £ 162.6 £ (66.9) £ (9.2) £ (3,198.9) £ 1,264.6
Exercise of stock options and tax effect — 18.0 — — — — 18.0
Repurchase of common stock (0.2) (539.4) — — — (105.2)(644.8)
Stock compensation costs — 22.5 — — — — 22.5
Acquisitions — (9.7) — — — — (9.7)
Dividends paid —————(31.1)(31.1)
Net income for the year ended December 31,
2011 —————75.9 75.9
Currency translation adjustment — — (12.7) — — — (12.7)
Net losses on derivatives, net of tax — — — — (24.2)— (24.2)
Reclassification of derivative losses to net
income, net of tax — — — — 1.0 — 1.0
Pension liability adjustment, net of tax ———(20.6) — — (20.6)
Balance, December 31, 2011 £ 1.6 £ 3,866.6 £ 149.9 £ (87.5) £ (32.4) £ (3,259.3) £ 638.9
Exercise of stock options and tax effect — 8.4 — — — — 8.4
Repurchase of common stock (0.2) (268.6) — — — (62.9)(331.7)
Stock compensation costs — 20.9 — — — — 20.9
Excess tax benefits on stock-based
compensation — 32.5 — — — — 32.5
Acquisitions — (0.9) — — — — (0.9)
Dividends paid —————(27.3)(27.3)
Net income for the year ended December 31,
2012 —————2,852.6 2,852.6
Currency translation adjustment — — 11.3 — — — 11.3
Net losses on derivatives, net of tax — — — — (130.3) — (130.3)
Reclassification of derivative losses to net
income, net of tax — — — — 94.2 — 94.2
Pension liability adjustment, net of tax — — — (11.0) — — (11.0)
Balance, December 31, 2012 £ 1.4 £ 3,658.9 £ 161.2 £ (98.5) £ (68.5) £ (496.9) £ 3,157.6
See accompanying notes.
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