Experian 2010 Annual Report Download - page 159

Download and view the complete annual report

Please find page 159 of the 2010 Experian annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 164

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164

157
Introduction
2 – 11
Business review
12 – 51
Governance
52 – 84
Financial statements
85 – 160
L. Reserves
Year ended 31 March 2010
Own
shares
US$m
Prot
and loss
account
US$m
Total prot
and loss
account
reserve
US$m
At 1 April 2009 (78.7) 7,348.5 7,269.8
Loss for the year - (23.3) (23.3)
Dividends (Note F) - (21.0) (21.0)
Purchase of own shares by employee trusts and in respect of employee share
incentive plans (164.3) (17.9) (182.2)
Exercise of share options 150.8 (68.8) 82.0
Credit in respect of employee share incentive plans - 58.4 58.4
At 31 March 2010 (92.2) 7,275.9 7,183.7
Year ended 31 March 2009
Own
shares
(Represented)
(Note B)
US$m
Prot
and loss
account
(Represented)
(Note B)
US$m
Total prot
and loss
account
reserve
(Represented)
(Note B)
US$m
At 1 April 2008 (95.3) 7,349.2 7,253.9
Prot for the year - 12.4 12.4
Dividends (Note F) - (48.9) (48.9)
Exercise of share options 16.6 (9.0) 7.6
Credit in respect of employee share incentive plans - 44.8 44.8
At 31 March 2009 (78.7) 7,348.5 7,269.8
Own shares represent the cost of some 10.8m (2009: 10.6m) ordinary shares in the Company held, to satisfy obligations under
employee share incentive plans, in two trusts:
2010
m
2009
m
The Experian plc Employee Share Trust 10.3 9.8
Experian UK Approved All-Employee Share Plan 0.5 0.8
10.8 10.6
During the year ended 31 March 2010, 18.2m (2009: nil) ordinary shares were purchased by the trusts and 18.0m (2009: 2.2m)
ordinary shares were transferred from the trusts to beneciaries of employee share incentive plans.
M. Reconciliation of movements in total shareholders’ funds
2010
US$m
2009
(Represented)
(Note B)
US$m
(Loss)/prot for the year (23.3) 12.4
Equity dividends paid during the year (21.0) (48.9)
Purchase of own shares by employee trusts and in respect of employee share incentive plans (182.2) -
Exercise of share options 86.3 13.7
Credit in respect of employee share incentive plans 58.4 44.8
Net (decrease)/increase in total shareholders’ funds (81.8) 22.0
Opening total shareholders’ funds 8,468.4 8,446.4
Closing total shareholders’ funds 8,386.6 8,468.4