Thorn-EMI 1995 Annual Report

More documents

Recommendations

Info

Notes to the accounts of changer in finance during the and share Minorny premium interests Opening balance Currency retranslation Net cash inflow (outflow) from financing RCPS conversion* Shares issued for non-cash consideration Acquisition of businesses Reduction on business disposals Share ofprofit for the period Closing balance *The Redeemable Convertible Preference Shares (RCPS) were converted into Ordinary Shares of the Company up to and including 13 September 1993. 19. Othcr cledltors: amounts falling due within one year Group Trade creditors Customer deposits and rentals in advance Royalties and fees payable Amounts owed to subsidiary undertakings Amounts owed to associated undertakings Corporate taxation Other taxes including VAT and social security costs Dividends payable Payments received on account Other creditors Accruals and deferred income 2O, Other creditofs: amounts falling due after one year Group Amounts owed to subsidiary undertakings Corporate taxation Deferred consideration payable Accruals and deferred income
21. Deferred taratlon Gi oup Excess of accumulated taxation allowances over depreciation provided against tangible fixed assets Other timing differences Advance corporation tax Movements during the year: At 3l March 1994 Currency retranslation Released to profrt on ordinary activities Other movements No provision has been made for further taxes which could arise if subsidiary or associated undertakings are disposed of or if overseas companies were to remit dividends to the UK in excess of those anticipated in these accounts; it is considered impracticable to estimate the amount of such taxes. The Company has undertaken to discharge the liability to corporation tax of the majority of its wholly-owned UK subsidiaries; their deferred tax liabilities are therefore dealt with in the accounts of the Company, 22. Other provisions for liabilities and charges Group and other Pensioos Disposaland Acquisition fundahental and reorgadisation int€t!atio. At 3l March 1994 Currency retranslation Provisions utilised Charged against: Operating profrt Exceptional items (Disposal) acquisition of businesses Reclassifications Company At 31 March 1994 Provisions utilised Charged against: Operating profit Exceptional items The pension provisions arise in overseas companies in respect of state schemes and employees covered by the Group's unfunded schemes.
Page 1 and 2:
accounts
Page 3 and 4:
Operating profit
Page 5 and 6:
ETHoRN EMt Annual General Meeting T
Page 7 and 8:
It is the Remuneration Committee's
Page 9 and 10:
(d) On exercise of options the Comp
Page 11:
7. Ordinary Resolution THAT the Dir
Page 14 and 15:
Chairman's statement The year was o
Page 16 and 17:
Chairman's statement economy and to
Page 18 and 19: Financial review Simon Duffy Group
Page 20 and 21: Financial review Other exceptional
Page 22 and 23: EMI a repeat performance Country su
Page 24 and 25: strong releases Steven Crlftls Chap
Page 26 and 27: increasing Pace of THORN achieved
Page 28 and 29: Reshaping business NewZealand was e
Page 30 and 31: HMV customer-driven performance An
Page 32 and 33: lnvestih$ in tomorrow's world...
Page 34 and 35: A ta rg eted programme of community
Page 36 and 37: Prog ress towa rds env:ronmental im
Page 38 and 39: controlling key impacts CO, emifted
Page 40 and 41: Board of Directors Sir Colin Southg
Page 42 and 43: Directors'Report for the year ended
Page 44 and 45: Directors' Report The internal cont
Page 46 and 47: Auditors'report Report of the Audit
Page 48 and 49: Accounting policies Depreciation of
Page 50 and 51: Consolidated profit and loss accoun
Page 52 and 53: Group Fixed arsetr Music publis
Page 54 and 55: Statement of total recognised galns
Page 56 and 57: Notes to the accountr 2. Analysis o
Page 58 and 59: Notes to the accounts 8. Exceptlona
Page 60 and 61: Noter to the accounts I l.Tanglble
Page 62 and 63: Notes to the accounts 12, Flxed ass
Page 64 and 65: Notes to the account3 15. lnvestmen
Page 66 and 67: Noter to the accounts 16. Borrowing
Page 70 and 71: Notes to the a(counts 23.5hare capi
Page 72 and 73: NoteJ to the accounts 26. tinancial
Page 74 and 75: Notes to the accounts 29, Dispotal
Page 76 and 77: Notes to the a(counts 3O. Purchase
Page 78 and 79: Notes to the accounts 32. Directors
Page 84 and 85: Notes to the a
Page 86 and 87: Notes to the a(counts 32, Directors
Page 88 and 89: Five year summary for the years to
Page 90 and 91: lnvestor information Financial cale
Page 92 and 93: Tlte nz,er and bus;flut otnlaieu pa
Page 95 and 96: "The British music scene is enioyin
Page 97 and 98: From {\ "Alternative music is quick
Page 99: iii0 . ,'.' H'] .I . ar
Page 103 and 104: develop a unique catalogue of recor
Page 105: thc,rcore,rudielceorlttr,rctrl,rrge
Page 109 and 110: to ownership opportunity. The intro
Page 111 and 112: to idcntif,v and exploit synerg-r;
Page 113 and 114: Curtomer 5atisfa
Page 115: Street, HMV's UK 1-lagship store re
show all

Thorn-EMI 1995 Annual Report

Create successful ePaper yourself

Delete template?

Save as template?