Annual Report and Accounts 2012 - Speedy Hire plc

Company statement of changes in equity
For the year ended 31 March 2012
Share
capital
£m
Share
premium
£m
Merger
reserve
£m
Hedging
reserve
£m
Financial statements 85
Retained
earnings
£m
At 1 April 2010 25.9 190.2 8.6 (3.4) 7.1 228.4
Profit for the financial year – – – – 6.7 6.7
Effective portion of change in fair value
of cash flow hedges – – – 2.5 – 2.5
Tax on items taken directly to equity – – – – 0.2 0.2
Total comprehensive income for the year – – – 2.5 6.9 9.4
Dividends – – – – (2.1) (2.1)
Equity-settled share-based payments – – – – 0.9 0.9
Transfer to retained earnings* – – (6.3) – 6.3 –
At 31 March 2011 25.9 190.2 2.3 (0.9) 19.1 236.6
Profit for the financial year – – – – 2.4 2.4
Effective portion of change in fair value
of cash flow hedges – – – (0.1) – (0.1)
Tax on items taken directly to equity – – – – 0.1 0.1
Total comprehensive income for the year – – – (0.1) 2.5 2.4
Dividends – – – – (2.1) (2.1)
Equity-settled share-based payments – – – – 1.0 1.0
At 31 March 2012 25.9 190.2 2.3 (1.0) 20.5 237.9
* transfer to retained earnings during the year ended 31 March 2011 related to the known realised element of the merger reserve. The transfer was made
retrospectively in relation to the disposal of a business which occurred a number of years ago
Total
equity
£m
Speedy Hire Plc Annual Report and Accounts 2012
Financial statements