Dechra Pharmaceuticals PLC

Dechra Pharmaceuticals PLC

Annual Report and Accounts for the year ended 30 June 2012

Consolidated Statement of Changes in Shareholders' Equity For the year ended 30 June 2012

Year ended 30 June 2011Attributable to owners of the parent
Issued
share
capital
£'000
Share
premium
account
£'000
Hedging
reserve
£'000
Foreign
currency
translation
reserve
£'000
Merger
reserve
£'000
Retained
earnings
£'000
Total
£'000
At 1 July 201066163,021(276)1,3401,77019,71286,228
Profit for the period14,13414,134
Effective portion of changes in fair value of cash flow hedges, net of tax(506)(506)
Foreign currency translation differences
for foreign operations, net of tax3,4113,411
Cash flow hedges recycled to income statement, net of tax488488
Total comprehensive income(18)3,41114,13417,527
Transactions with owners
Dividends paid(7,221)(7,221)
Share-based payments1,2581,258
Shares issued3538541
Total contributions by and distributions
to owners
3538(5,963)(5,422)
At 30 June 201166463,559(294)4,7511,77027,88398,333
Year ended 30 June 2012
At 1 July 201166463,559(294)4,7511,77027,88398,333
Profit for the period11,74911,749
Effective portion of changes in fair value of cash flow hedges, net of tax(335)(335)
Foreign currency translation differences for foreign operations, net of tax(8,434)(8,434)
Cash flow hedges recycled to income statement, net of tax343343
Total comprehensive income8(8,434)11,7493,323
Transactions with owners
Dividends paid(8,325)(8,325)
Share-based payments1,0631,063
Shares issued20559,08359,288
Total contributions by and distributions
to owners
20559,083(7,262)52,026
At 30 June 2012869122,642(286)(3,683)1,77032,370153,682

Hedging Reserve

The hedging reserve represents the cumulative fair value gains or losses on derivative financial instruments for which cash flow hedge accounting has been applied.

Foreign Currency Translation Reserve

The foreign currency translation reserve contains exchange differences on the translation of subsidiaries with a functional currency other than Sterling and exchange gains or losses on the translation of liabilities that hedge the Company's net investment in foreign subsidiaries.

Merger Reserve

The merger reserve represents the excess of fair value over nominal value of shares issued in consideration for the acquisition of subsidiaries where statutory merger relief has been applied in the financial statements of the Parent Company.

We use cookies and track users anonymously, check this box and save to disable. We are inferring consent by continuing.