Britvic

Impacts Of Changes To Corporation Tax

This report reviews a small sample of UK companies  that disclose the impact of the government’s announced change to corporation tax.

Share Premium and Elimination of Authorised Capital

This report reviews a selection of companies that have issued shares but have placed share premium to distributable reserves rather than share premium account.

Britvic plc Period End 3 October 2010

Submitted by Alisdair on Mon, 2011-02-07 08:12
Britvic plc Annual Report 2010
“Exceptional and other” costs turn profit into loss
UK soft drinks company Britvic classifies £138 million costs as “exceptional and other”, including £116 million impairments, that turn profit into a £28.8 million loss.
Share issue structured to create £89.3 million distributable reserve
UK soft drinks company Britvic structures a share issue to utilise merger relief under the Companies Act 2006 and creates an £89.3 million distributable reserve, bypassing the requirement for application of share premium to a non-distributable reserve.

Britvic plc Period End 27 September 2009

Submitted by Company Reporting on Thu, 2010-01-07 16:54

Derivative assets included in maturity analysis of financial liabilities
UK soft drinks company Britvic includes in its maturity analysis of financial liabilities cash flows from derivatives used to hedge private placement notes that are in an asset position.

Britvic plc Period End 1 October 2006

Submitted by Company Reporting on Tue, 2007-02-27 00:00

Bracketing out of net liabilities
UK soft drinks company Britvic moves into a £58 million net liabilities position, partly through a distribution of £105 million to investors, but does not dwell on the fact in its annual report.

Reporting statement taken as non-binding guidance
UK soft drinks company Britvic publishes an operating and financial review (OFR), but disclaims the intention of complying with all the requirements of the relevant reporting statement.