Tesco 2012 Annual Report Download - page 97

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STRATEGIC REVIEW PERFORMANCE REVIEW GOVERNANCE FINANCIAL STATEMENTS
OVERVIEW
Group statement of changes in equity
Retained earnings
Issued
share
capital
£m
Share
premium
£m
Other
reserves
£m
Capital
redemption
reserve
£m
Hedging
reserve
£m
Translation
reserve
£m
Treasur y
shares
£m
Retained
earnings
£m
Total
£m
Non-
controlling
interests
£m
Total
equity
£m
At 26 February 2011 402 4,896 40 13 (1) 155 (141) 11,171 16,535 88 16,623
Profit for the year – – – – – – – 2,806 2,806 8 2,814
Other comprehensive income
Change in fair value of available-for-sale
financial assets and investments – – – – – – – 13 13 – 13
Currency translation differences – – – – – (27) – – (27) 5 (22)
Actuarial losses on defined benefit
pension schemes – – – – – – – (498) (498) – (498)
Gains on cash flow hedges – – – – 99 – – – 99 – 99
Tax relating to components of other
comprehensive income – – – – 25 6 – 92 73 – 73
Total other comprehensive income – – – – 74 (21) – (393) (340) 5 (335)
Total comprehensive income – – – – 74 (21) – 2,413 2,466 13 2,479
Transactions with owners
Purchase of treasury shares – – – – – – (13) – (13) – (13)
Shares purchased for cancellation (3) – – 3 – – – (290) (290) – (290)
Share-based payments 2 – – – – – 136 (13) 125 – 125
Issue of shares 1 68 – – – – – – 69 – 69
Purchase of non-controlling interests – – – – – – – 72 72 (72) –
Future purchase of non-controlling
interests – – – – – – – (3) (3) – (3)
Dividends paid to non-controlling
interests ––– –– ––––(3)(3)
Dividends authorised in the year – – – – – – – (1,180) (1,180) – (1,180)
Tax on items charged to equity – – – – – – – (6) (6) – (6)
Total transactions with owners – 68 – 3 – – 123 (1,420) (1,226) (75) (1,301)
At 25 February 2012 402 4,964 40 16 73 134 (18) 12,164 17,775 26 17,801
Retained earnings
Issued
share
capital
£m
Share
premium
£m
Other
reserves
£m
Capital
redemption
reserve
£m
Hedging
reserve
£m
Translation
reserve
£m
Treasur y
shares
£m
Retained
earnings
£m
Total
£m
Non-
controlling
interests
£m
Total
equity
£m
At 27 February 2010 399 4,801 40 13 12 463 (180) 9,048 14,596 85 14,681
Profit for the year ––– ––––2,6552,655162,671
Other comprehensive income
Change in fair value of available-for-sale
financial assets and investments – – – – – – – 2 2 – 2
Currency translation differences – – – – – (339) – – (339) (5) (344)
Actuarial gains on defined benefit
pension schemes ––– ––––595595 –595
Losses on cash flow hedges – – – – (14) – – – (14) – (14)
Tax relating to components of other
comprehensive income – – – – 1 31 – (185) (153) – (153)
Total other comprehensive income ––– –(13)(308)–41291(5)86
Total comprehensive income ––– –(13)(308)–3,0672,746112,757
Transactions with owners
Purchase of treasury shares ––– –––(50)–(50)–(50)
Share-based payments ––– –––89131220 –220
Issue of shares 395– –––––98 –98
Purchase of non-controlling interests – – – – – – – 6 6 (6) –
Dividends paid to non-controlling interests––– ––––––(2)(2)
Dividends authorised in the year ––– ––––(1,081)(1,081)–(1,081)
Total transactions with owners 395– –––39(944)(807)(8)(815)
At 26 February 2011 402 4,896 40 13 (1) 155 (141) 11,171 16,535 88 16,623
The notes on pages 95 to 141 form part of these financial statements.
Tesco PLC Annual Report and Financial Statements 2012 93