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Annual Report 2001

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Reconciliation of movements in shareholders' funds for the year ended 31 December 2001


 

2001
£million

2000
£million

Profit for the financial year   4.7   34.2
Dividends - redeemable B shares   (0.1)   (0.1)
Amounts transferred to reserves   4.6   34.1
Redemption of redeemable B shares (including issue costs)   (23.1)   (20.7)
Share option scheme allotments   0.1   -
Goodwill on disposal of business acquired prior to 1 January 1998 charged to profit and loss account   0.7   -
   
Currency translation differences   5.0   19.4
Taxation on currency translation differences on foreign currency borrowings   (1.0)   (2.0)
Net (decrease)/increase in shareholders' funds   (13.7)   30.8
At beginning of the financial year   411.2   380.4
At end of the financial year   397.5   411.2


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