Annual Report 2012 - Development Securities PLC

Financial Statements continued
Consolidated Statement of Changes in Equity
For the 14-month period ended 29th February 2012
68 Development Securities PLC / Annual Report 2012
Notes
Share
capital
£’000
Share
premium
£’000
Other
reserves
£’000
Retained
earnings
£’000
Total
£’000
Noncontrolling
interest
£’000
At 1st January 2010 41,128 103,961 45,759 53,171 244,019 — 244,019
Profit for the year ended 31st December 2010 — — — 1,678 1,678 — 1,678
Other comprehensive income:
— Loss on revaluation of operating properties 11 — — (310) — (310) — (310)
— Loss on valuation of cross-currency interest rate swap 18(d) — — (4,171) — (4,171) — (4,171)
— Exchange gain on valuation of cross-currency interest rate swap 18(d) — — 1,352 — 1,352 — 1,352
— Deferred income tax credited directly to equity 19 — — 761 — 761 — 761
Total comprehensive income for the year ended 31st December 2010 — — (2,368) 1,678 (690) — (690)
Net proceeds of issue of new shares 21 20,048 — — 73,678 93,726 — 93,726
Final dividend relating to 2009 8 — — — (1,974) (1,974) — (1,974)
Interim dividend relating to 2010 8 — — — (1,974) (1,974) — (1,974)
Total contributions by and distributions to owners of the Company 20,048 — — 69,730 89,778 — 89,778
Balance at 31st December 2010 61,176 103,961 43,391 124,579 333,107 — 333,107
(Loss)/profit for the 14-month period ended 29th February 2012 — — — (12,592) (12,592) 546 (12,046)
Other comprehensive income:
— Loss on revaluation of operating properties 11 — — (127) — (127) — (127)
— Loss on valuation of cross-currency interest rate swap 18(d) — — (5,227) — (5,227) — (5,227)
— Exchange gain on valuation of cross-currency interest rate swap 18(d) — — 959 — 959 — 959
— Deferred income tax credited directly to equity 19 — — 1,067 — 1,067 — 1,067
Total comprehensive income for the 14-month period
ended 29th February 2012 — — (3,328) (12,592) (15,920) 546 (15,374)
Share based payments — — — 21 21 — 21
Final dividend relating to 2010 8 — — — (2,937) (2,937) — (2,937)
Interim dividend relating to 2012 8 — — — (2,937) (2,937) — (2,937)
Total contributions by and distributions to owners of the Company — — — (5,853) (5,853) — (5,853)
Transactions with non-controlling interest — — — — — 1,362 1,362
Balance at 29th February 2012 61,176 103,961 40,063 106,134 311,334 1,908 313,242
The notes on pages 70 to 105 are an integral part of these Consolidated financial statements.
Total
£’000