Consolidated Statement of Changes in Equity
of The BSS Group plc for the year ended 31 March 2010
| Year ended 31 March 2010 | Share capital £m |
Share premium £m |
Hedging reserve £m |
Merger reserve £m |
Retained earnings £m |
Total equity £m |
|---|---|---|---|---|---|---|
| Balance at 1 April 2009 | 6.2 | 33.6 | 2.7 | 12.4 | 176.7 | 231.6 |
| Profit after taxation for the year | – | – | – | – | 31.4 | 31.4 |
| Foreign currency translation differences | – | – | – | – | 0.8 | 0.8 |
| Actuarial gains on defined benefit pension schemes | – | – | – | – | 2.0 | 2.0 |
| Deferred tax movement associated with actuarial gains | – | – | – | – | (0.6) | (0.6) |
| Fair value loss in derivatives designated as cash flow hedges | – | – | (4.0) | – | – | (4.0) |
| Amounts recycled to income statement | – | – | 1.9 | – | – | 1.9 |
| Deferred tax on cash flow hedge losses | – | – | 0.6 | – | – | 0.6 |
| Total comprehensive income for the year | – | – | (1.5) | – | 33.6 | 32.1 |
| Transactions with owners: | ||||||
| Issue of shares | – | 1.8 | – | – | – | 1.8 |
| Dividends paid | – | – | – | – | (9.2) | (9.2) |
| Cost of issue of Performance Share Plan shares | – | – | – | – | (0.9) | (0.9) |
| Cost of equity share based payments | – | – | – | – | 0.4 | 0.4 |
| Tax on share options | – | – | – | – | 0.1 | 0.1 |
| Balance at 31 March 2010 | 6.2 | 35.4 | 1.2 | 12.4 | 200.7 | 255.9 |
| Year ended 31 March 2009 | Share capital £m |
Share premium £m |
Restated Hedging reserve £m |
Merger reserve £m |
Retained earnings £m |
Restated Total equity £m |
|---|---|---|---|---|---|---|
| Balance at 1 April 2008 | 6.1 | 32.4 | 2.0 | 12.4 | 158.6 | 211.5 |
| Profit after taxation for the year | – | – | – | – | 41.0 | 41.0 |
| Foreign currency translation differences | – | – | – | – | – | – |
| Actuarial losses on defined benefit pension schemes | – | – | – | – | (19.2) | (19.2) |
| Deferred tax movement associated with actuarial losses | – | – | – | – | 5.4 | 5.4 |
| Fair value gain on derivatives designated as cash flow hedges | – | – | 10.0 | – | – | 10.0 |
| Amounts recycled to income statement | – | – | (9.0) | – | – | (9.0) |
| Deferred tax on cash flow hedge gains | – | – | (0.3) | – | – | (0.3) |
| Total comprehensive income for the year | – | – | 0.7 | – | 27.2 | 27.9 |
| Transactions with owners: | ||||||
| Issue of shares | 0.1 | 1.2 | – | – | – | 1.3 |
| Dividends paid | – | – | – | – | (9.2) | (9.2) |
| Cost of issue of Performance Share Plan shares | – | – | – | – | (0.7) | (0.7) |
| Cost of equity share based payments | – | – | – | – | 1.1 | 1.1 |
| Tax on share options | – | – | – | – | (0.3) | (0.3) |
| Balance at 31 March 2009 | 6.2 | 33.6 | 2.7 | 12.4 | 176.7 | 231.6 |
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