RFG Annual Report 2007 - Retail Food Group
RFG Annual Report 2007 - Retail Food Group
RFG Annual Report 2007 - Retail Food Group
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06/07<br />
<strong>Annual</strong> <strong>Report</strong><br />
50<br />
21. Reserves<br />
<strong>Retail</strong> <strong>Food</strong> <strong>Group</strong> <strong>Annual</strong> <strong>Report</strong><br />
<strong>2007</strong><br />
$’000<br />
Consolidated<br />
2006<br />
$’000<br />
<strong>2007</strong><br />
$’000<br />
Company<br />
Equity-settled employee benefits reserve<br />
Balance at beginning of fi nancial year – – – –<br />
Share-based payment 192 – 192 –<br />
Balance at end of fi nancial year 192 – 192 –<br />
The equity-settled employee benefi ts reserve arises on the grant of share options to executives and senior employees under the executive share<br />
option plan. Amounts are transferred out of the reserve and into issued capital when the options are exercised. Further information about sharebased<br />
payments to employees is made in note 33 to the fi nancial statements.<br />
22. Retained earnings<br />
2006<br />
$’000<br />
<strong>2007</strong><br />
$’000<br />
Consolidated<br />
2006<br />
$’000<br />
<strong>2007</strong><br />
$’000<br />
Company<br />
2006<br />
$’000<br />
Balance at the beginning of the fi nancial year (1,019) 4,441 285 1,792<br />
Net profi t attributable to members of the parent entity 7,520 5,936 5,313 9,889<br />
Dividends provided for or paid (2,240) (11,396) (2,240) (11,396)<br />
Balance at the end of the fi nancial year 4,261 (1,019) 3,358 285
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