Untitled - David Kronemyer

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Movements during the year: At 31 March 1987 Currency retranslation Arieing during the year Other movements Deferred taxation which has not been provided comprises the following: Excess of accumulated taxation allowances over corresponding depreciation provided against tangible fixed assets No provision has been made for further taxes which could arise if subsidiary or related companies are dieposed of at or above their present net asset value or if overseas companies werr to rcmit reserves to the UK in excess of that anticipated in these accounts: it is considered impracticable to e6limate the amount of such taxes. r8. OTUER PROVISIONS FOR LIABILITIES AXD CTIARGES Major reorganisa- Vananly Pensions tio"n costs and other Total Group At 3l March 1987 Currency retranslation Acquisition of busineeses Disposal of businesses Reclassifications Provisions utilised Charged against: profit before taration Company At 3l March 1987 Acquisition of businesses Reclassifications Provisione utilised Releaeed against: profit belbre taxation extraordinary items (i) The pension provisions arise largely in overseas companies in respect of employees not covered by the Croup's lunded schemes. (ii) The warranty provisione include the estimated cost of guaranteed allersales service,
Authorised Ordinary Shares of 25p each 7olo Convertible Redeemable Second Crrmrrlative Prelerence Shares 1992/99 ofSI each 3.50/o Curnulative Prelerence Shares o{ SI each Nominal Number Value Premium Ordinary Shares in issue: At 3l March l9B7 Shares issued in the year: On acquisition oli Vallances Rent-A-Center JEL On conversion of: 7olo Convertible Bonds 70lo Redeemable Prelerence Shares On elections under Scrip Dividend Scheme On exercise of Options: Executive Scheme Savings Related Scheme Share issue expenses 7% CONVERTIBLE REDEtrMABLE SECOND CUMULATIVE PREFERENCE SHARES T992l99 In October of each of the years 1988 to 1992 inclusive, holders of the 70lo Convertible Prelerence Shares have the right to convert all or any of such Shares into fully-paid Ordinary Shares of 25p each at the rate of 1.002 Ordinary Shares lbr every fbur 70lo Convertible Preference Shares (subject to adjustment in respect of Shares issued under the Scrip Dividend Scheme). The Company is entitled to redeem the ?0/o Convertible Preference Shares at par alter 1992 and must so redeem on 3l December 1999 any such shares remaining in issue. On redemption, the 70lo Conve*ible Prelerence Shares are converted and reclassilied and form part of the Ordinary Sha re Capital. 142,443 7o/o Convertible Prelerence Shares were converted on application of holders with elfect liom 3l October 1987. The conversion was dealt with try means of redemption out of the aggregate proceeds o{ an issue of 35,682 Ordinary Shares for 9142,443 in cash. 7% CONVERTIBLE GUANANTEED BONDS 1988 US$63,000 Bonds, convertible into Ordinary Shares at a price (after adjusting lbr rights issue) of 348p per share and a lixed exchange rate of US$1.B8525, were outstanding at 31 March 1988. The Bonds are convertible at any time up to ll July 1988 and any Bonds not converted lall due lbr redemption on 15 July 1988.
Page 3 and 4:
Tirrnover lrom continuing operation
Page 7 and 8:
THORN EMI is a rad :ally duutgerl b
Page 9 and 10:
single purchasers of consumer elect
Page 12 and 13: e seen, all key measures of perform
Page 14 and 15: Fadio Benla s a.d the DER, MultiBro
Page 16 and 17: successfully in the Ottawa and Toro
Page 18 and 19: successfully in the Ottawa and Toro
Page 20 and 21: THoRN EMI ELECTRONICS, With divisio
Page 22 and 23: Before the year-end, THORN EMI Elec
Page 24 and 25: Before the year-end, THORN EMI Elec
Page 26 and 27: to seclrily syslems and spe. a sed
Page 28 and 29: increase of I per cent. THORN EMI G
Page 31 and 32: ARTISTS, STUDIOS. RECORD MANUFACTUR
Page 33 and 34: INTERNATIoNAL, EMI Australia's subs
Page 37 and 38: A MAJOR INTERNATIONAL FORCE PROVIDI
Page 39 and 40: PRoDUCTS: A threefold increase in t
Page 43 and 44: The Directors submit their annual r
Page 45 and 46: FIXEI] ASSETS The Directors are of
Page 47 and 48: REPORT OF THE AUDTTORS TO THE MEMBE
Page 49 and 50: Tirrnover Coet of sales Gross proli
Page 51 and 52: Total frrnds from operatione
Page 53 and 54: Operating profit is stated after ch
Page 55 and 56: Employee costs, including Directors
Page 57 and 58: Investments comP 6e: Subsidiary com
Page 59 and 60: Tiade debtors: Due urithin one year
Page 61: Between one and two years Between t
Page 65 and 66: fuising on acquisition of Rent-A-Ce
Page 67 and 68: 24. PENSION ARNANGEMf,NTS A signifi
Page 69 and 70: Erecutive Committe€ uK Fentrr and
Page 71 and 72: Non'execllve D reclor s ncel984 whe
Page 75 and 76: THORN EMI plc Annual General Meetin
Page 77 and 78: 3. REDUCTION OF SHARE CAPITAL The 4
Page 79 and 80: The return of the appropriate Form
Page 81 and 82: Taxation Consequences (i) Sharehold
Page 83 and 84: (i) Overall Scheme Limits Ir is pro
Page 85 and 86: NOTICE OI' MEETINC OF THE HOLDERS O
Page 87 and 88: (ii) the allotment (otherwise than
Page 89: Clause 5(a) to be replaced by the f
Page 92 and 93: In certain circumstances, where an
Page 94 and 95: Efl NAORDINARY RESOLUTION THAT this
Page 97 and 98: THIS DocuMEN'I Is IMPORTANT AND Rxe
Page 99 and 100: M€€tings You will find attached
Page 101: THORN EMI plc NOTICE OF EXTRAORDINA
Page 104 and 105: . TERMS Ordinary Shareholders who w
Page 106: Il you do not specily in the Notice
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Untitled - David Kronemyer

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