Annual Report and Accounts 2009

Consolidated Statement of Changes in Equity for the year to 31 December 2009

For the year to 31 December 2009 Share
capital
£m
Share
premium
£m
Own
shares
£m
Merger
relief
reserve
£m
Other
reserves
£m
Retained
earnings
£m
Total
£m
Balance as at 1 January 2009 289.6 753.6 (275.7) 64.7 838.3 1,670.5
New share capital subscribed 21.3 488.8 510.1
Cancellation and utilisation of treasury shares (23.2) 270.7 (247.5)
Share based payment credit 1.0 1.0
Other financing costs (0.5) (0.5)
Issue of equity instruments 5.5 5.5
Exchange differences on translation of foreign operations (5.0) (5.0)
Increase in fair value of hedging derivatives 11.5 11.5
Actuarial loss on defined benefit pension schemes (141.8) (141.8)
Deferred tax asset recognised 87.6 87.6
Transfer to retained earnings (488.8) 488.8
Loss for the year (640.4) (640.4)
Equity attributable to parent 287.7 753.6 (5.0) 76.7 385.5 1,498.5
Minority interests 2.4
Total equity 1,500.9


For the year to 31 December 2008 Share
capital
£m
Share
premium
£m
Own
shares
£m
Merger
relief
reserve
£m
Other
reserves
£m
Retained
earnings
£m
Total
£m
Balance as at 1 January 2008 289.6 758.1 (282.0) 1,934.2 46.1 957.1 3,703.1
Share based payment credit 6.0 6.0
Cost of share options (0.9) (0.9)
Disposal of own shares 6.3 6.3
Exchange differences on translation of foreign operations 50.3 50.3
Decrease in fair value of hedging derivatives (31.2) (31.2)
Amortisation of bond fees (4.5) 4.5
Actuarial loss on defined benefit pension schemes (66.7) (66.7)
Deferred tax asset write off (47.2) (47.2)
Transfer to retained earnings (1,934.2) (0.5) 1,934.7
Loss for the year (1,841.3) (1,841.3)
Dividends (107.9) (107.9)
Equity attributable to parent 289.6 753.6 (275.7) 64.7 838.3 1,670.5
Minority interests 2.7
Total equity 1,673.2