Vtech 2007 Annual Report Download - page 50

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Notes to the Financial Statements
VTech Holdings Ltd
Annual Report 2007
48
17 RESERVES
Group Company
2007 2006 2007 2006
Note US$ million US$ million US$ million US$ million
Share premium 90.7 90.3 90.7 90.3
Other properties revaluation reserve 6.1 6.1 – –
Revenue reserve 230.5 202.9 164.3 127.0
Exchange reserve 1.3 (7.2) (1.2) (1.2)
Capital reserve 2.8 1.6 2.8 1.6
Hedging reserve – 0.6 – –
331.4 294.3 256.6 217.7
An analysis of movements in reserves is set out below:
Share premium
Brought forward 90.3 74.4 90.3 74.4
Exercise of share options 0.4 12.7 0.4 12.7
Exercise of warrants – 3.2 – 3.2
Carried forward 90.7 90.3 90.7 90.3
Other properties revaluation reserve
Brought forward and carried forward 6.1 6.1 – –
Revenue reserve
Brought forward 202.9 116.4 127.0 90.4
Profi t attributable to shareholders 182.9 128.8 192.6 78.9
Final dividend in respect of the previous year 5 (62.1) (28.0) (62.1) (28.0)
Interim dividend in respect of the current year 5 (21.5) (14.3) (21.5) (14.3)
Special dividend in respect of the current year 5 (71.7) – (71.7) –
Carried forward 230.5 202.9 164.3 127.0
Exchange reserve
Brought forward (7.2) (4.9) (1.2) (1.2)
Exchange translation differences 8.5 (2.3) – –
Carried forward 1.3 (7.2) (1.2) (1.2)
Capital reserve
Brought forward 1.6 – 1.6 –
Equity settled share-based transactions 1.2 1.6 1.2 1.6
Carried forward 2.8 1.6 2.8 1.6
Hedging reserve
Brought forward 0.6 – – –
Transfer to income statement 2 4.1 (2.7) – –
Fair value (losses)/gains on hedging during the year (4.7) 3.3 – –
Carried forward – 0.6 – –
The consolidated profi t attributable to shareholders includes a profi t of US$192.6 million (2006: US$78.9 million) which has been
dealt with in the fi nancial statements of the Company.
Reserves of the Company available for distribution to shareholders amounted to US$164.3 million (2006: US$127.0 million).
12cVtechNotes(E).indd48 2007/7/511:37:37PM