THE ALEXANDER BEARD GROUP PLC
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2012
- 24 -
18. RECONCILIATION OF MOVEMENT IN SHAREHOLDERS' FUNDS
2012
2011
Group
£
£
Opening shareholders' funds
336,744
286,904
Profit for the year
63,776
49,840
Shares redeemed/cancelled during the year
(16,082)
-
Share premium utilised on redemption of shares
(53,918)
-
Other recognised gains and losses during the year
34,055
-
Closing shareholders' funds
364,575
336,744
2012
2011
Company
£
£
Opening shareholders' funds
225,252
187,964
Profit for the year
63,323
37,288
Shares redeemed/cancelled during the year
(16,082)
-
Share premium utilised on redemption of shares
(53,918)
-
Other recognised gains and losses during the year
34,055
-
Closing shareholders' funds
252,630
225,252
The company has taken advantage of the exemption contained within section 408 of the Companies Act
2006 not to present its own Profit and loss account.
The profit for the year dealt with in the accounts of the company was £63,323 (2011 - £37,288).
19. MINORITY INTERESTS
Equity
£
At 1 December 2011
(881)
Proportion of profit after taxation for the year
8,410
Dividends
(12,500)
At 30 November 2012
(4,971)
20. NET CASH FLOW FROM OPERATING ACTIVITIES
2012
2011
£
£
Operating profit
98,376
95,638
Amortisation of intangible fixed assets
46,096
71,011
Depreciation of tangible fixed assets
24,332
21,327
Profit on disposal of tangible fixed assets
(16,860)
-
(Increase)/decrease in debtors
(35,351)
96,693
Decrease in creditors
(113,133)
(96,443)
Net cash inflow from operating activities
3,460
188,226
1...,17,18,19,20,21,22,23,24,25,26 28,29,30,31,32,33,34,35