Page 44

Notes to the financial statements 19

for the year ended 31 March 2012

Reserves

Group

Share

Profit

Premium

and loss

Merger

Capital

Account

reserve

reserve

reserve

£’000

£’000

£’000

£’000

690

132,336

186

123,754

-

Loss for the year

-

Dividends (see note 9)

Investment revaluation

Capital

reserve

reserve

reserve

Total

£’000

£’000

£’000

£’000

51

217

1,613

-

135,093

-

-

-

-

-

123,754

(34,684)

-

-

-

-

-

(34,737)

-

(48,000)

-

-

-

-

-

(48,000)

-

(377)

-

-

-

-

-

(377)

-

90

-

-

-

-

-

90

Reserve (see note 11)

-

-

-

-

-

(1,296)

-

(1,296)

Capital contributions

-

-

-

-

-

-

34,936

34,936

124,444

49,365

186

51

217

317

34,936

209,463

At 1 April 2011

Other Redemption

Premium on shares issued during the year (see note 18)

Actuarial loss on pension asset Movement on deferred tax relating to pension asset Movement on Revaluation

At 31 March 2012

(781)

Pension asset Profit and loss reserve excluding pension asset

48,584

Company At 1 April 2011

690

1,226

186

-

217

-

-

2,319

123,754

-

-

-

-

-

-

123,754

Profit for the year

-

48,191

-

-

-

-

-

48,191

Dividends

-

(48,000)

-

-

-

-

-

(48,000)

124,444

1,417

186

-

217

-

-

126,264

Premium on shares issued during the year

At 31 March 2012

The capital reserve was established on 23 March 2012 when an out of the money interest swap acquired as part of the net liabilities of the Conquest Bidco Limited group was novated to the immediate parent undertaking Castle 1 Limited, for £nil consideration.

42

Keepmoat Annual Report and Financial Statements 2012

Keepmoat plc Annual report and accounts 2012  
Keepmoat plc Annual report and accounts 2012  
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