BT 2006 Annual Report Download - page 128

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BT GROUP PLC COMPANY BALANCE SHEET continued
Capital Profit
Share Share premium redemption and loss
capital
e
account
f
reserve account
g,h
Total
£m £m £m £m £m
Balances at 1 April 2004 432 2 2 9,585 10,021
Profit for the financial year –––1,024 1,024
Dividends paid –––(786) (786)
Net purchase of treasury shares –––(176) (176)
Arising on share issues – 1 ––1
At 31 March 2005 432 3 2 9,647 10,084
Profit for the financial year –––1,108 1,108
Dividends paid –––(912) (912)
Net purchase of treasury shares –––(344) (344)
Arising on share issues – 4 ––4
At 31 March 2006 432 7 2 9,499 9,940
eThe authorised share capital of the company throughout the years ended 31 March 2006 and 31 March 2005 was £13,463 million representing 269,260,253,468 ordinary shares of 5p each.
The allotted, called up and fully paid ordinary share capital of the company at 31 March 2006 was £432 million (2005: £432 million), representing 8,635,377,801 ordinary shares of 5p each (2005:
8,634,629,038). Of the authorised but unissued share capital at 31 March 2006, 26 million ordinary shares (2005: 26 million) were reserved to meet options granted under employee share option
schemes.
fThe share premium account, representing the premium on allotment of shares is not available for distribution.
gThe profit for the financial year, dealt with in the profit and loss account of the company and after taking into account dividends from subsidiary undertakings, was £1,108 million
(2005, restated: £1,024 million). As permitted by Section 230 of the Companies Act 1985, no profit and loss account of the company is presented.
hDuring the year ended 31 March 2006 the company repurchased 165,772,145 (2005: 101,280,000) of its own shares of 5p each, representing 2% (2005: 1%) of the called-up share capital, for an
aggregate consideration of £365 million (2005: £195 million). At 31 March 2006 290,047,231 shares (2005: 134,497,000 shares) with an aggregate nominal value of £15 million are held as
treasury shares at cost.
The movement in the available-for-sale reserve in the year was £nil.
BT Group plc Annual Report and Form 20-F 2006 Financial Statements of BT Group PLC126