Pinewood Shepperton plc Annual Report ... - Pinewood Studios

102 Pinewood Shepperton plc Annual Report & Accounts 2010Company UK GAAP financial statements continuedNotes to the financial statements continued7. DividendsFinal dividend for 2008 paid at 2.30p per share – 1,057Interim dividend for 2009 paid at 1.05p per share – 484Final dividend for 2009 paid at 2.40p per share 1,110 –Interim dividend for 2010 paid at 1.10p per share 509 –1,619 1,541The Board is recommending a final dividend of 2.50p per ordinary share for approval at the Annual General Meeting and,based on the shares in issue at the date the Board approved the Company financial statements, this would amount to atotal dividend payment of £1,155,800. This has not been recognised as a liability at 31 December 2010.8. Long-term assetToronto sales and marketing agreement transaction costs 94 –The Group signed a 10 year sales and marketing agreement with Pinewood Toronto Studios on 26 May 2009.Transaction costs of £94,000 in relation to this agreement have been recognised as a long-term asset and are beingamortised over the term of the agreement.9. DebtorsDue from subsidiary undertakings 63,463 57,751Deferred tax 154 –Prepayments and accrued income 522 61464,139 58,3652010£0002010£0002010£0002009£0002009£0002009£00020102009Amounts falling due after more than one year included above are:£000£000Due from subsidiary undertakings 63,463 57,751The above amounts due from subsidiary undertakings are due after one year.10. Creditors: amounts falling due within one yearAmounts due to subsidiary undertakings 9,446 6,814Other creditors 883 416Asset financing 503 132Bank overdraft 5,274 –16,106 7,3622010£0002009£000