Vodafone 2016 Annual Report Download - page 170

Vodafone Group Plc
Annual Report 2016
168
Company statement of nancial position of Vodafone Group Plc
at 31 March
Note
2016
£m
2015
£m
Fixed assets
Shares in Group undertakings 2 66,891 64,798
Current assets
Debtors: amounts falling due after more than one year 3 3,422 3,676
Debtors: amounts falling due within one year 3 167,674 157,470
Other investments 4 1,574 37
Cash at bank and in hand 105 183
172,775 161,366
Creditors: amounts falling due within one year 5 (171,303) (163,164)
Net current assets/(liabilities) 1,472 (1,798)
Total assets less current liabilities 68,363 63,000
Creditors: amounts falling due after more than one year 5 (25,432) (19,404)
42,931 43,596
Capital and reserves
Called up share capital 6 3,792 3,792
Share premium account  16,112 16,111
Capital reserve 88 88
Other reserves  3,497 720
Own shares held (7,042) (7,147)
Prot and loss account 26,484 30,032
Total equity shareholders’ funds 42,931 43,596
The Company nancial statements on pages 168 to 174 were approved by the Board of Directors and authorised for issue on 17 May 2016 and were
signed on its behalf by:
Vittorio Colao Nick Read
Chief Executive Chief Financial Ofcer
The accompanying notes are an integral part of these nancial statements.
Company statement of changes in equity of Vodafone Group Plc
For the years ended 31 March
Called up
share
capital
£m
Share
premium
account1
£m
Capital
redemption
reserve1
£m
Other
reserves1
£m
Reserve for
own
shares2
£m
Prot and loss
account3
£m
Total equity
shareholders’
funds
£m
1 April 2014 3,792 16 ,109 88 758 (7,289) 33,900 47,358
Issue or reissue of shares – 2 – – 142 – 144
Loss for the nancial year – – – – – (934) (934)
Dividends – – – – – (2,930) (2,930)
Capital contribution given relating to share-based payments – – – 88 – – 88
Contribution received relating to share-based payments – – – (126) – – (126)
Other movements – – – – – (4) (4)
31 March 2015 3,792 16,111 88 720 (7,147) 30,032 43,596
Issue or reissue of shares – 1– – 105 – 106
Issue of mandatory convertible bonds4– – – 2,754 – – 2,754
Loss for the nancial year – – – – – (596) (596)
Dividends – – – – – (2,998) (2,998)
Capital contribution given relating to share-based payments – – – 116 – – 116
Contribution received relating to share-based payments – – – (93) – – (93)
Other movements – – – – – 46 46
31 March 2016 3,792 16,112 88 3,497 (7,042) 26,484 42,931
Notes:
1 These reserves are not distributable.
2 Own shares relate to treasury shares which are purchased out of distributable prots and therefore reduce reserves available for distribution.
3 The Company has determined what is realised and unrealised in accordance with the guidance provided by ICAEW TECH 2/10 and the requirements of UK law. In accordance with UK Companies
Act 2006 s831(2), a public company may make a distribution only if, after giving effect to such distribution, the amount of its net assets is not less than the aggregate of its called up share capital
and non-distributable reserves as shown in the relevant nancial statements.
4 Includes the equity component of the mandatory convertible bonds which are compound instruments issued in the year.