Description Page - Doosan Power Systems
Description Page - Doosan Power Systems
Description Page - Doosan Power Systems
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DOOSAN BABCOCK ENERGY<br />
Annual Report and Financial Statements 2007<br />
Notes to the financial statements continued<br />
15. Deferred taxation (continued)<br />
Deferred taxation which has not been provided for in view of uncertainty over its recoverability is set out as follows:<br />
42<br />
December March<br />
2007 2007<br />
£000 £000<br />
Tax losses 503 –<br />
Other timing differences 1,835 3,838<br />
Unrecognised deferred tax asset 2,338 3,838<br />
16. Share capital<br />
December March<br />
2007 2007<br />
£000 £000<br />
Authorised<br />
67,000,000 ordinary shares of £1 67,000 67,000<br />
Called up, allotted and fully paid<br />
65,000,000 ordinary shares of £1 65,000 65,000<br />
17. Reserves<br />
Company Group<br />
Profit & loss Profit & loss<br />
account account<br />
£000 £000<br />
Balance at 1 April 2007 (33,042) (42,191)<br />
Profit for the period 9,403 7,655<br />
Currency translation differences on foreign currency net investments – 515<br />
Pension actuarial gain in the period 2,876 2,876<br />
Deferred tax charge thereon (805) (805)<br />
Balance at 31 December 2007 (21,568) (31,950)
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