Vtech 2001 Annual Report Download - page 59

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21. RESERVES
Group Company
2001 2000 2001 2000
Note US$ million US$ million US$ million US$ million
Revenue reserves (11.0) 230.1 35.3 209.8
Exchange reserve (6.4) (2.5) (1.2) (1.2)
Investment properties revaluation reserve 1.0 1.0 Ð Ð
Other properties revaluation reserve 10.7 11.5 Ð Ð
Share premium 74.2 46.0 74.2 46.0
68.5 286.1 108.3 254.6
An analysis of movements on reserves is set out
below:
Revenue reserves
Brought forward
Ð as previously reported 230.1 195.1 209.8 96.9
Ð effect of adopting IAS 10 (revised 1999) 7 Ð 26.5 Ð 26.5
Ð effect of adopting IAS 19 (revised 1998) Ð 0.6 Ð Ð
Ð as restated 230.1 222.2 209.8 123.4
(Loss)/profit attributable to shareholders (215.0) 45.0 (147.6) 123.5
Interim dividends paid 7 Ð (10.6) Ð (10.6)
Final dividends paid 7 (26.9) (26.5) (26.9) (26.5)
Disposal of properties previously revalued 0.8 Ð Ð Ð
Carried forward (11.0) 230.1 35.3 209.8
Exchange reserve
Brought forward (2.5) (0.5) (1.2) 0.5
Exchange translation differences (3.9) (2.0) Ð (1.7)
Carried forward (6.4) (2.5) (1.2) (1.2)
Investment properties revaluation
reserve
Brought forward 1.0 1.3 Ð Ð
Deficit arising on revaluation 9 Ð (0.3) Ð Ð
Carried forward 1.0 1.0 Ð Ð
Other properties revaluation reserve
Brought forward 11.5 10.1 Ð Ð
Surplus arising on current year revaluation Ð 1.6 Ð Ð
Deferred tax on provision against a freehold
property Ð (0.2) Ð Ð
Disposal of properties previously revalued (0.8) Ð Ð Ð
Carried forward 10.7 11.5 Ð Ð
Share premium
Brought forward 46.0 39.3 46.0 39.3
Premium on exercise of share options Ð 0.1 Ð 0.1
Shares issued on the acquisition of a subsidiary 12.4 Ð 12.4 Ð
Shares issued in lieu of scrip dividend 7 15.8 6.6 15.8 6.6
Carried forward 74.2 46.0 74.2 46.0
Reserves of the Company available for distribution to shareholders amounted to US$35.3 million (2000:
US$209.8 million).
57
Notes to the Financial Statements
VTech Holdings Ltd Annual Report 2001