Vodafone 2016 Annual Report Download - page 91

Overview Strategy review Performance Governance Financials Additional information
Vodafone Group Plc
Annual Report 2016
89
Consolidated statement of changes in equity
for the years ended 31 March
Other comprehensive income Equity
Additional share- Non-
Share paid-in Treasury Retained Currency Pensions Investment Revaluation holders’ controlling
capital1capital2shares losses reserve3reserve reserve4surplus5Other6 funds interests Total
£m £m £m £m £m £m £m £m £m £m £m £m
1 April 2013 3,866 154, 279 (9,029) (88,834) 10,600 (648) 135 1,040 68 71,477 1, 011 72,488
Issue or reissue of shares – 2 194 (173) – – – – – 23 – 23
Redemption or cancellation
ofshares ( 74 ) 74 1,648 (1,648) – – – – – – – –
Capital reduction and creation
ofB and C shares 16,613 (37,470) – 20,857 – – – – – – – –
Cancellation of B shares (16,613) – – 1,115 – – – – – (15,498) – (15,498)
Share-based payments – 887 – – – – – – – 88 – 88
Transactions with non-controlling
interests in subsidiaries – – – (1,451) – – – – – (1,451) 260 (1,191)
Dividends – – – (40,566) –––––(40,566) (284) (40,850)
Comprehensive income – – – 59,254 (2,436) 37 (119) – (25) 56,711 (9) 56,702
Prot – – – 59,254 – – – – – 59,254 166 59,420
OCI – before tax – – – – (3,932) 57 (119) – 3 (3,991) (172) (4,163)
OCI – taxes – – – – 3 (20) – – (3) (20) (3) (23)
Transfer to the income
statement – – – – 1,493 – – – (25) 1,468 – 1,468
Other – – – 18 – – – – – 18 1 19
31 March 2014 3,792 116,973 (7,187) (51,428) 8 ,164 (611) 16 1,040 43 70,802 979 71,781
Issue or reissue of shares –2142 (126) –––––18 –18
Share-based payments –957– ––––––95 –95
Transactions with non-controlling
interests in subsidiaries – – – (756) –––––(756) 605 (151)
Dividends – – – (2,930) –––––(2,930) (262) (3,192)
Comprehensive income – – – 5,761 (6,627) (212) (5) – 7 (1,076) 266 (810)
Prot – – – 5,761 –––––5,761 156 5,917
OCI – before tax – – – – (6,842) (269) 4 – 12 (7,095) 113 (6,982)
OCI – taxes – – – – 216 57 – – (5) 268 (3) 265
Transfer to the income
statement – – – – (1) –(9) – – (10) –(10)
Other –(16) –8–––––(8) –(8)
31 March 2015 3,792 117,054 (7,045) (49,471) 1,537 (823) 11 1,040 50 66,145 1,588 67,733
Issue or reissue of shares –1105 (93) –––––13 –13
Share-based payments –1167 – ––––––116 –116
Issue of mandatory convertible
bonds8–2,754 – ––––––2,754 –2,754
Transactions with non-controlling
interests in subsidiaries – – – (31) –––––(31) (13) (44)
Dividends – – – (2,998) –––––(2,998) (238) (3,236)
Comprehensive income – – – (4,024) 3,743 126 (2) –34 (123) 73 (50)
Prot – – – (4,024) –––––(4,024) 206 (3,818)
OCI – before tax – – – – 3,789 156 (3) –46 3,988 (130) 3,858
OCI – taxes – – – – (116) (30) 1–(12) (157) (3) (160)
Transfer to the income
statement – – – – 70 – – – – 70 –70
Other – – – 9 – – – – – 9 22 31
31 March 2016 3,792 119,925 (6,940) (56,608) 5,280 (697) 91,040 84 65,885 1,432 67,317
Notes:
1 See note 18 “Called up share capital”.
2 Includes share premium, capital reserve, capital redemption reserve, merger reserve and share-based payment reserve. The merger reserve was derived from acquisitions made prior
to 31 March 2004 and subsequently allocated to additional paid-in capital on adoption of IFRS.
3 The currency reserve is used to record cumulative translation differences on the assets and liabilities of foreign operations. The cumulative translation differences are recycled to the income
statement on disposal of the foreign operation.
4 The investment reserve is used to record the cumulative fair value gains and losses on available-for-sale nancial assets. The cumulative gains and losses are recycled to the income statement
on disposal of the assets.
5 The revaluation surplus derives from acquisitions of subsidiaries made before the Group’s adoption of IFRS 3 (Revised) on 1 April 2010 and comprises the amounts arising from recognising the
Group’s pre-existing equity interest in the acquired subsidiary at fair value.
6 Includes the impact of the Group’s cash ow hedges with £267 million net gain deferred to other comprehensive income during the year (2015: £607 million net gain; 2014: £129 million net loss)
and £233 million net gain (2015: £649 million net gain; 2014: £171 million net loss) recycled to the income statement.
7 Includes £3 million tax credit (2015: £7 million tax credit; 2014: £12 million charge).
8 Includes the equity component of mandatory convertible bonds which are compound instruments issued in the year.