Annual Report PDF - Carphone Warehouse Group plc

Notes to the Company Financial Statements continued www.cpwplc.com 716 DebtorsRestated2006 2005£’000 £’000Amounts falling due within one year:Amounts owed by Group undertakings 787,831 459,317Prepayments and accrued income 1,134 627788,965 459,944Amounts falling due after more than one year:Amounts owed by Group undertakings – 21,152788,965 481,096Following the adoption of FRS21, dividends receivable from subsidiaries are recognised only when approved by the shareholders. Included within amounts owedby Group undertakings at 2 April 2005 as previously reported were dividends receivable from subsidiaries of £161.4m.7 Creditors: amounts falling due within one yearRestated2006 2005£’000 £’000Loans and overdrafts 45,448 67,499Amounts owed to Group undertakings 537,297 353,007Other creditors 4,096 11,296Accruals and deferred income 10,439 4,784In accordance with FRS21, dividends proposed but not yet authorised of £11.0m recognised as a liability at 2 April 2005 have been derecognised.8 Creditors: amounts falling due after more than one year597,280 436,5862006 2005£’000 £’000Loans 320,054 98,420Other creditors – 2,538320,054 100,9589 Financial instrumentsThe Company has applied the exemption under FRS25 not to disclose details of financial instruments held by the Company only. Full disclosure of the Group’sfinancial instruments under IAS32 ‘Financial Instruments: Disclosure and Presentation’ and IAS39 ‘Financial Instruments: Recognition and Measurement’ isprovided in note 20 to the Group financial statements.10 Share capital2006 2005 2006 2005million million £’000 £’000AuthorisedOrdinary shares of 0.1p each 1,500 1,500 1,500 1,500Allotted, called-up and fully paidOrdinary shares of 0.1p each 888 877 888 877Movements in share capital in the period arose from the exercise of share options.Financial Statements