Annual Reports Keepmoat Homes Annual Report 2018 | Page 27

Consolidated statement of changes in equity
Keepmoat.com
Consolidated statement of changes in equity
for the year ended 31 March 2018
Share
capital Share
premium
account Retained
earnings Merger
reserve Capital
redemption
reserve Total
equity
£’000 £’000 £’000 £’000 £’000 £’000
313 50,000 165,749 186 217 216,465
Profit for the year - - 49,370 - - 49,370
Other comprehensive expense - - (1,146) - - (1,146)
Total comprehensive income
for the year - - 48,224 - - 48,224
313 50,000 213,973 186 217 264,689
Profit for the year - - 256,599 - - 256,599
Other comprehensive expense - - 1,597 - - 1,597
Total comprehensive income
for the year - - 258,196 - - 258,196
Dividends - - (341,130) - - (341,130)
313 50,000 131,039 186 217 181,755
At 1 April 2016
At 1 April 2017
At 31 March 2018
The Merger reserve relates to the premium that arose on the issue of ordinary shares in part consideration for the acquisition
of a subsidiary company in the year ended 31 December 1986.
The Capital redemption reserve relates to historic Company share repurchases.
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