Gillette_India_Limited_AR_20

Annual Report 2019-20 101 Notes to Financial Statements for the year ended June 30, 2020 Company Overview Board's Report MD&A Corporate Governance Financial Statements Gillette India Limited 13.3 Share options outstanding account As at June 30, 2020 ` in lakhs As at June 30, 2019 ` in lakhs Balance at the beginning of year 501 385 Arising on share-based compensation 199 116 Balance at the end of year 700 501 The above reserve relates to share options granted by the Ultimate Holding Company to specific employees of its subsidiaries under its employee stock option plan. Further information about share-based payments to employees is set out in note 31. 13.4 Retained earnings As at June 30, 2020 ` in lakhs As at June 30, 2019 ` in lakhs Balance at the beginning of year 30 974 22 672 Profit attributable to the owners of the Company 23 018 25 292 Other comprehensive income arising from remeasurement of defined benefit obligation (net of income tax) (120) (518) Payment of interim / final dividend on equity shares (refer note 39) (8 146) (13 686) Dividend distribution tax (1 659) (2 786) Balance at the end of year 44 067 30 974 This Reserve represents the cumulative profits of the Company and effects of remeasurement of defined benefits obligation. This Reserve can be utilised in accordance with the provisions of the Act. In December 2019, final dividend for the FY 2018-19 of ` 25 per share (total dividend including tax thereon ` 9 805 lakhs) was paid to holders of fully paid equity shares. In December 2018, final dividend for the FY 2017-18 paid was ` 23 per share (total dividend including tax thereon ` 9 021 lakhs). In March 2019, an interim dividend of ` 19 per share (total dividend including tax thereon ` 7 452 was paid to holders of fully paid equity shares. 13.5Capital reserve As at June 30, 2020 ` in lakhs As at June 30, 2019 ` in lakhs Balance at the beginning of year 12 589 12 589 Movements — — Balance at the end of year 12 589 12 589 The above reserve represents the difference between value of the net assets transferred to the Company in the course of business combinations / amalgamations and the consideration paid for such combinations / amalgamations and capital grant received from its erstwhile parent.