Tesco 2009 Annual Report Download - page 137
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135
FINANCIAL STATEMENTS
Tesco PLC Annual Report and Financial Statements 2009
To find out more go to
www.tesco.com/annualreport09
Note 14 Reserves
2009 2008
£m £m
Share premium account
At beginning of year 4,511 4,376
Premium on issue of shares less costs 127 135
At end of year 4,638 4,511
Profit and loss reserve
At beginning of year 2,181 1,380
Share-based payment 204 199
Purchase of treasury shares (165) (118)
Dividend (883) (792)
Change in fair value of available-for-sale financial assets 3 (4)
Share buy-back – (665)
Share buy-back – capital redemption 1 7
Gains on cash flow hedges 105 24
Profit after tax for the year 1,178 2,150
At end of year 2,624 2,181