Full Annual Report - Inchcape

Section
Three
Financial
statements
12 Dividends
The following dividends were paid by the Company:
Interim dividend for the six months ended 30 June 2009 (2008 – 5.46p per share) – 25.0
Final dividend for the year ended 31 December 2009 (2008 – 10.5p per share ) – 48.1
– 73.1
There is no proposal to pay a final dividend for the year ended 31 December 2009.
Dividends paid in 2008 exclude £4.6m payable on treasury shares and shares held by the ESOP Trust.
13 Reserves
Share
capital
£m
Share
premium
£m
Capital
redemption
reserve
£m
2009
£m
Profit
and loss
account
£m
At 1 January 2008 121.6 123.4 16.4 154.8 416.2
Profit for the financial year – – – 198.8 198.8
Dividends – – – (73.1) (73.1)
Issue of ordinary share capital 0.3 2.7 – 3.0
Net purchase of own shares by ESOP Trust – – – (4.2) (4.2)
Share-based payments credit (net of tax) – – – (1.1) (1.1)
Share buy back programme – – – (16.0) (16.0)
At 1 January 2009 121.9 126.1 16.4 259.2 523.6
Loss for the financial year – – – (49.5) (49.5)
Issue of ordinary share capital 41.4 – – 192.8 234.2
Net purchase of own shares by ESOP Trust – – – (0.7) (0.7)
Share-based payments charge (net of tax) – – – 3.9 3.9
At 31 December 2009 163.3 126.1 16.4 405.7 711.5
14 Principal subsidiaries at 31 December 2009
The Company is a limited company incorporated in England and Wales whose shares are publicly traded on the London Stock
Exchange. The principal subsidiaries in which the Company holds an investment are as follows:
Country of incorporation Shareholding Description
Inchcape Finance plc United Kingdom 100.0% Central treasury company
Inchcape International Holdings Limited United Kingdom 100.0% Intermediate holding company
Inchcape Overseas Limited United Kingdom 100.0% Intermediate holding company
2008
£m
Total
£m
www.inchcape.com 143