Notes to the financial statements
Notes to the financial statements list| Authorised | 30 September 2005 (unaudited) Number |
30 September 2005 (unaudited) £m |
30 September 2004 (unaudited) Number |
30 September 2004 (unaudited) £m |
31 March 2005 (unaudited) Number |
31 March 2005 (unaudited) £m |
|---|---|---|---|---|---|---|
| Ordinary shares of 50p | - | - | 820,000,000 | 410 | 820,000,000 | 410 |
| Ordinary shares of 53⅛p | 771,764,704 | 410 | - | - | - | - |
| Unclassified shares of 10p | 1,000,000 | - | 1,000,000 | - | 1,000,000 | - |
Issued and fully paid |
||||||
| Ordinary shares of 50p | ||||||
| Balance at the beginning of the period | 614,409,167 | 307 | 613,479,159 | 307 | 613,479,159 | 307 |
| Share options | 268,792 | - | 358,324 | - | 930,008 | - |
| Share consolidation | (614,677,959) | (307) | - | - | - | - |
| Closing balance | - | - | 613,837,483 | 307 | 614,409,167 | 307 |
| During the period to 8 July 2005, the Company issued shares for cash on the exercise of share options at various prices from 467p to 664p per share. The Company repurchased 400,452 shares at 683p per share. These shares were cancelled after the Company consolidated its share capital on 8 July 2005. The Company consolidated its share capital by issuing 16 53⅛p shares for every 17 50p shares held. This coincided with the payment of a special dividend of 40.7p per share (see note 6). |
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| 30 September 2005 (unaudited) Number |
30 September 2005 (unaudited) £m |
30 September 2004 (unaudited) Number |
30 September 2004 (unaudited) £m |
31 March 2005 (unaudited) Number |
31 March 2005 (unaudited) £m |
|
| Ordinary shares of 53⅛p | ||||||
| Balance at the beginning of the period | - | - | - | - | - | - |
| Share consolidation | 578,520,432 | 307 | - | - | - | - |
| Share options | 523,503 | - | - | - | - | - |
| Shares cancelled | (21,256,896) | (11) | - | - | - | - |
| Closing balance | 557,787,039 | 296 | - | - | - | - |
| Since 11 July, the Company issued shares for cash on the exercise of share options at various prices from 467p to 664p per share. The Company repurchased 20,880,000 shares at an average price of 712p per share. These shares, and those purchased before the share consolidation, were cancelled and a transfer made to the capital redemption reserve equal to the nominal value of the shares repurchased. | ||||||
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