Admission Document - BrainJuicer

9 Notes to the financial information (continued)
Interests of the Directors in the shares and options of BrainJuicer UK as at 31 December 2005 were:
Shares
As at
31 December
2005
J V Kearon Ordinary shares of £0.001 94,000
J B Geddes Ordinary shares of £0.001 2,400
Options
As at
31 December
2005
S Godfrey Ordinary shares of £0.001 1,400
J B Geddes Ordinary shares of £0.001 3,800
9.16 Share premium account and reserves
Share Profit
premium and loss Other
account account reserves
£’000 £’000 £’000
At 1 January 2003 – (23) –
Premium on shares issued in the year 566
Accrued A Preferred dividend – (26) –
A Preferred dividend not declared – 26 –
Loss for the year – (301) –
––––––––– ––––––––– –––––––––
At 31 December 2003 566 (324) –
Profit for the year – 191 –
Accrued A Preferred dividend – (28) –
A Preferred dividend not declared – 28 –
––––––––– ––––––––– –––––––––
At 31 December 2004 566 (133) –
Reclassification of liability element of A
Preferred shares (11) – –
Restatement of opening reserves for interest on liability
element of A Preferred shares – (33) –
––––––––– ––––––––– –––––––––
Restated balance at 1 January 2005 555 (166) –
Loss for the year – (17) –
Exchange differences – 1 –
Stock option charge – – 10
––––––––– ––––––––– –––––––––
At 31 December 2005 555 (182) 10
––––––––– ––––––––– –––––––––
The implementation of FRS 25 resulted in the transfer of £10,955 from Equity to Debt in respect of
the Liability element of the A Preferred shares brought forward. It also resulted in the transfer of
£32,871 from Equity to Debt in respect of the interest on the liability element of the A Preferred
shares brought forward.
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