upon the temporary differences arising between the group accounting basis and

Upon the temporary differences arising between the

This preview shows page 213 - 217 out of 256 pages.

upon the temporary differences arising between the group accounting basis and tax basis of each investment. 210
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Notes to the consolidated financial statements (continued) 27. Tax on other comprehensive income 2010 2009 2008 £ million £ million £ million Exchange differences . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (17) 15 4 Effective portion of changes in fair value of cash flow hedges . . . . . . . . . 1 2 15 Net actuarial gain/(loss) on post employment plans . . . . . . . . . . . . . . . . . 237 (4) Tax on other comprehensive income . . . . . . . . . . . . . . . . . . . . . . . . . . . . (16) 254 15 28. Share capital and reserves (a) Allotted and fully paid share capital – ordinary shares of 28 101 / 108 pence each Number Nominal of shares value million £ million At 30 June 2007 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,931 848 Shares purchased and subsequently cancelled (consideration including expenses £1,008 million) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (97) (28) Treasury shares cancelled . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (12) (4) At 30 June 2008 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,822 816 Shares purchased and subsequently cancelled (consideration including expenses £354 million) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (38) (11) Treasury shares cancelled . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (30) (8) At 30 June 2010 and at 30 June 2009 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,754 797 (b) Share premium During the year, 0.1 million ordinary shares with an aggregate nominal value of less than £0.1 million were allotted under employee share option schemes for a total consideration of £0.4 million (2009 – 0.1 million shares, nominal value less than £0.1 million, consideration £0.5 million; 2008 – 0.1 million shares, nominal value less than £0.1 million, consideration £1 million). (c) Capital redemption reserve Movements in the capital redemption reserve are in respect of purchases and cancellations of own shares. % of ordinary Number Nominal share of shares value capital(i) million £ million At 30 June 2007 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,095 Shares purchased and subsequently cancelled . . . . . . . . . . . . . . . . . . . . . 97 28 4.0 Shares cancelled . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 4 0.5 At 30 June 2008 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,127 Shares purchased and subsequently cancelled . . . . . . . . . . . . . . . . . . . . . 38 11 1.3 Shares cancelled . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 8 1.1 At 30 June 2010 and 30 June 2009 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,146 (i) Excluding treasury shares. No shares were purchased or cancelled in the year ended 30 June 2010. 211
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Notes to the consolidated financial statements (continued) 28. Share capital and reserves (continued) (d) Fair value, hedging and exchange reserve Fair value and hedging Exchange reserve reserve Total £ million £ million £ million At 30 June 2008 as previously reported . . . . . . . . . . . . . . . . . . . . . . . . . 21 15 36 Prior year adjustment – amendment to IAS 38 . . . . . . . . . . . . . . . . . . . (2) (2) At 30 June 2008 as restated . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21 13 34 Effective portion of changes in fair value of cash flow hedges – taken to other comprehensive income – subsidiaries . . . . . . . . . . . . . . 90 90 – transferred to the income statement . . . . . . . . . . . . . . . . . . . . . . . . . . (71) (71) Exchange differences . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 63 63 Tax in respect of movements above . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 15 17 At 30 June 2009 as restated . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 42 91 133 Effective portion of changes in fair value of cash flow hedges – taken to other comprehensive income – subsidiaries . . . . . . . . . . . . . . (9) (9) – taken to other comprehensive income – associates . . . . . . . . . . . . . . . (18) (18) – transferred to the income statement . . . . . . . . . . . . . . . . . . . . . . . . . . (26) (26) Exchange differences . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 35 35 Tax in respect of movements above . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 (17) (16) At 30 June 2010 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (10) 109 99 (e) Own shares Own shares comprise shares in the company held by employee share trusts, shares repurchased as part of the company’s share buyback programmes and held as treasury shares, shares 212
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Notes to the consolidated financial statements (continued) 28.
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  • Fall '15
  • Speak, Guinness, Diageo plc, Johnnie Walker

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