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46 VTech Holdings Ltd Annual Report 2013
Consolidated Financial Statements
Consolidated Statement of Changes in Equity
For the year ended 31 March 2013
Attributable to shareholders of the Company
Share
capital Share
premium
Shares held
for Share
Purchase
Scheme
Properties
revaluation
reserve Exchange
reserve Capital
Reserve Hedging
reserve Revenue
reserve Total
equity
Note US$ million US$ million US$ million US$ million US$ million US$ million US$ million US$ million US$ million
At 1 April 2011 12.4 121.1 – 12.2 12.1 3.1 0.3 382.7 543.9
Changes in equity for the year
ended 31 March 2012
Comprehensive income
Profit for the year – – – – – – – 191.9 191.9
Other comprehensive income
(after tax and reclassification
adjustments)
Fair value gains on hedging – – – – – – 1.4 – 1.4
Realisation of hedging reserve – – – – – – (0.3) – (0.3)
Exchange translation differences – – – – (2.7) – – – (2.7)
Surplus arising on revaluation
of properties, net of deferred tax – – – 9.1 – – – – 9.1
Other comprehensive income
for the year – – – 9.1 (2.7) – 1.1 – 7.5
Total comprehensive income
for the year – – – 9.1 (2.7) – 1.1 191.9 199.4
Final dividend in respect of
the previous year – – – – – – – (154.6) (154.6)
Interim dividend in respect of
the current year 5 – – – – – – – (39.9) (39.9)
Shares issued under share
option scheme 16(a)&
17(b) 0.1 6.2 – – – – – – 6.3
Equity-settled share based
payments – 0.9 – – – 1.1 – – 2.0
Shares purchased for Share
Purchase Scheme 16(c)&
17(b) – – (2.7) – – – – – (2.7)
Vesting of shares of Share
Purchase Scheme 16(c)&
17(b) – – 1.8 – – – – – 1.8
At 31 March 2012 and
1 April 2012 12.5 128.2 (0.9) 21.3 9.4 4.2 1.4 380.1 556.2
Changes in equity for the year
ended 31 March 2013
Comprehensive income
Profit for the year – – – – – – – 202.3 202.3
Other comprehensive income
(after tax and reclassification
adjustments)
Fair value gains on hedging – – – – – – 2.5 – 2.5
Realisation of hedging reserve – – – – – – (1.5) – (1.5)
Exchange translation differences – – – – (3.6) – – – (3.6)
Deficit arising on revaluation
of properties, net of deferred tax – – – (1.7) – – – – (1.7)
Other comprehensive income
for the year – – – (1.7) (3.6) – 1.0 – (4.3)
Total comprehensive income
for the year – – – (1.7) (3.6) – 1.0 202.3 198.0
Final dividend in respect
of the previous year 5 – – – – – – – (150.2) (150.2)
Interim dividend in respect
of the current year 5 – – – – – – – (40.1) (40.1)
Shares issued under share
option scheme 16(a)&
17(b) – 8.4 – – – – – – 8.4
Equity-settled share based
payments – 2.0 – – – (2.0) – – –
Shares purchased for Share
Purchase Scheme 16(c)&
17(b) – – (0.9) – – – – – (0.9)
Vesting of shares of Share
Purchase Scheme 16(c)&
17(b) – – 0.9 – – – – – 0.9
At 31 March 2013 12.5 138.6 (0.9) 19.6 5.8 2.2 2.4 392.1 572.3
The notes and principal accounting policies on pages 47 to 70 form part of these financial statements.