Annual Report 2016 | Page 57

Annual Report 2016

Consolidated Statement of Changes in Equity

As at 31 March 2016
Annual Report 2016
Called-up Share Capital Merger Revaluation Profit Currency Hedging Shareholders ’ Non- Total Share Premium Redemption Reserve Reserve & Loss Translation Reserve Funds controlling Capital Capital Account Reserve Account Reserve Interests Employed £’ 000 £’ 000 £’ 000 £’ 000 £’ 000 £’ 000 £’ 000 £’ 000 £’ 000 £’ 000 £’ 000
Balance at 1 April 2014
( as previously reported )
5,449
10,882
1
( 253 )
45,952
( 7 )
( 4,942 )
57,082
60
57,142
FRS 102 transitional adjustments
18,800
( 1,532 )
17,268
17,268
Balance at 1 April 2014 ( as restated )
5,449
10,882
1
( 253 )
18,800 44,420
( 7 )
( 4,942 )
74,350
60
74,410
Profit for the financial year
27,992
27,992
22
28,014
Exchange movements on translation of overseas operations
5
5
5
Change in value of hedging instruments - cash flow hedges ( net of deferred tax )
( 1,073 )
( 1,073 )
( 1,073 )
Actuarial gain relating to retirement benefit surplus ( net of deferred tax )
733
733
733
Amounts transferred / recycled to profit and loss
( 235 )
235
149
149
149
5,449 10,882 1 ( 253 ) 18,565 73,380 ( 2 ) ( 5,866 ) 102,156 82 102,238 Dividends ( note 10 ) — — — — — ( 27,138 ) — — ( 27,138 ) — ( 27,138 )
Balance at 31 March 2015 ( as restated ) 5,449 10,882 1 ( 253 ) 18,565 46,242 ( 2 ) ( 5,866 ) 75,018 82 75,100
Profit for the financial year
40,710
40,710
86
40,796
Exchange movements on translation of overseas operations
( 5 )
( 5 )
( 5 )
Change in value of hedging instruments - cash flow hedges ( net of deferred tax )
( 1,965 )
( 1,965 )
( 1,965 )
Actuarial gain relating to retirement benefit surplus ( net of deferred tax )
4,302
4,302
4,302
Amounts transferred / recycled to profit and loss
( 235 )
235
151
151
151
5,449 10,882 1 ( 253 ) 18,330 91,489 ( 7 ) ( 7,680 ) 118,211 168 118,379 Acquisitions in the year — — — — — — — — — ( 37 ) ( 37 ) Dividends ( note 10 ) — — — — — ( 33,205 ) — — ( 33,205 ) — ( 33,205 )
Balance at 31 March 2016 5,449 10,882 1 ( 253 ) 18,330 58,284 ( 7 ) ( 7,680 ) 85,006 131 85,137
The accompanying notes are an integral part of the financial statements .
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