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Annual Report & Accounts 2012 - NOTES TO THE COMPANY FINANCIAL STATEMENTS
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GVC HOLDINGS PLC COMPANY FINANCIAL STATEMENTS 9. SHARE CAPITAL AND RESERVES Share Share Merger Retained Capital Premium Reserve Earnings Total €000's €000's €000's €000's €000's At 1 January 2012 315 416 40,407 (5,325) 35,813 Earnings for the period - - - 3,018 3,018 Dividends paid - - - (8,214) (8,214) Shares option charge - - - 568 568 Lapsed share options - - - (489) (489) Share options exercised 1 195 - - 196 At 31 December 2012 316 611 40,407 (10,442) 30,892 10. DIVIDENDS The dividends paid in the year were as follows: 2012 2011 Declaration date EURO amount GBP amount €000's €000's 25 April 2012 0.11 0.087835 3,475 3,113 19 September 2012 0.15 0.1209 4,739 3,112 8,214 6,225 All reserves of the Company are distributable, as under The Isle of Man Companies Act 2006 distributions are not governed by reserves but by the Directors undertaking an assessment of the Company's solvency at the time of distribution. 71