Carphone Warehouse 2007 Annual Report Download - page 54

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Notes to the Financial Statements continued
11 Earnings per share
2007 2006
£’000 £’000
Statutory earnings 66,963 70,541
Headline earnings (see note 10) 105,450 109,399
2007 2006
Number of shares Number of shares
000’s 000’s
Weighted average number of shares:
For basic earnings per share 892,072 883,393
Dilutive effect of share options 49,147 55,287
For diluted earnings per share 941,219 938,680
The number of shares that could be issued but that are not treated as dilutive at 31 March 2007 was 37.3m (2006 – 22.5m).
Basic pence per share Diluted pence per share
2007 2006 2007 2006
Earnings per share 7.51 7.99 7.11 7.51
Headline earnings per share (see note 10) 11.82 12.38 11.20 11.65
Headline earnings per share is provided because the Directors consider that it provides assistance in understanding underlying performance.
12 Goodwill and other intangible fixed assets
Goodwill
£’000
At 1 April 2006 568,630
Acquisition of subsidiaries (see note 14) 90,953
Adjustments to contingent consideration (see note 14) (8,884)
Adjustments to fair value (2,416)
Goodwill expense (529)
Foreign exchange (8,802)
At 31 March 2007 638,952
At 31 March 2007
Cost (gross carrying amount) 642,264
Accumulated goodwill expense (3,312)
Net carrying amount 638,952
At 2 April 2005 452,023
Acquisition of subsidiaries 119,105
Adjustments to contingent consideration (4,531)
Goodwill expense (1,825)
Foreign exchange 3,858
At 1 April 2006 568,630
At 1 April 2006
Cost (gross carrying amount) 571,413
Accumulated goodwill expense (2,783)
Net carrying amount 568,630
A goodwill expense of £0.5m (2006 – £1.8m) has been recognised in the period in relation to historical acquisitions.
The Carphone Warehouse Group PLC Annual Report 2007
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