Creative 2014 Annual Report Download - page 52

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52
CREATIVE TECHNOLOGY LTD AND ITS SUBSIDIARIES
Group Company
2014 2013 2014 2013
US$’000 US$’000 US$’000 US$’000
(b) 
 Share-basedcompensaonreserves
Beginning of nancial year 43,419 44,501 28,936 30,018
Amorsaon of deferred share
compensaon (Note 5) (437) (12) (437) (12)
Ulisaon of shares issued under employee
opons plans and performance share plan (344) (1,070) (344) (1,070)
End of nancial year 42,638 43,419 28,155 28,936
25. RETAINED EARNINGS
Movements in retained earnings for the Company are as follows:
Company
2014 2013
US$’000 US$’000
Beginning of nancial year 33,678 28,829
Net (loss) prot (23,600) 7,707
Dividends paid (Note 26) (5,676) (2,858)
End of nancial year 4,402 33,678
NOTES TO THE FINANCIAL STATEMENTS
For the nancial year ended 30 June 2014
At the Annual General Meeting to be held on 29 October 2014, a nal exempt dividend of S$0.05 per share amounting
to a total of US$2,815,000 will be recommended. These nancial statements do not reect this dividend, which will be
accounted for in shareholders’ equity as an appropriation of retained earnings in the nancial year ending 30 June 2015.
26. DIVIDENDS
Group and Company
2014 2013
US$’000 US$’000

Final exempt dividend paid in respect of the previous nancial year of S$0.10
(2013: S$0.05) per share (Note 25) 5,676 2,858
27. CONTINGENCIES
The Company has issued banker’s guarantee of US$1,295,000 (2013: US$1,281,000) to its landlord as security deposit for
its ofce building in Singapore.
24. OTHER RESERVES (cont’d)