Notes to the company
financial statements
9. Reserves and reconciliation of movements in equity shareholders' funds
| Share Capital £m | Share premium account £m | Capital redemption reserve £m | Capital reserve £m | Other reserves £m | Own shares held £m | Profit and loss account £m | Total equity shareholders’ funds £m |
|
|---|---|---|---|---|---|---|---|---|
| 1 April 2009 | 4,153 | 43,008 | 10,101 | 88 | 957 | (8,053) | 29,171 | 79,425 |
| Allotment of shares | – | 3 | – | – | – | – | – | 3 |
| Own shares released on vesting of share awards | – | – | – | – | – | 189 | – | 189 |
| Profit for the financial year | – | – | – | – | – | – | 6,693 | 6,693 |
| Dividends | – | – | – | – | – | – | (4,131) | (4,131) |
| Capital contribution given relating to share-based payments | – | – | – | – | 150 | – | – | 150 |
| Contribution received relating to share-based payments | – | – | – | – | (119) | – | – | (119) |
| Other movements | – | – | – | – | – | 37 | 44 | 81 |
| 31 March 2010 | 4,153 | 43,011 | 10,101 | 88 | 988 | (7,827) | 31,777 | 82,291 |
The profit for the financial year dealt with in the accounts of the Company is £6,693 million (2009: £5,853 million). Under English law, the amount available for distribution to shareholders is based upon the profit and loss reserve of the Company and is reduced by the amount of own shares held and is limited by statutory or other restrictions.
The auditor’s remuneration for the current year in respect of audit and audit related services was £0.9 million (2009: £1.3 million) and for non-audit services was £0.5 million (2009: £0.2 million).
The directors are remunerated by the Company for their services to the Group as a whole. No remuneration was paid to them specifically in respect of their services to Vodafone Group Plc for either year. Full details of the directors’ remuneration are disclosed in “Directors’ remuneration”.
There were no employees other than directors of the Company throughout the current or the preceding year.
© Copyright Vodafone 2010
