Man Group plc - Annual Report 2007

Group Statement of Changes in Shareholders’ Equity

 

  Note Share
capital
$m
Share
premium
$m
Capital
reserves
$m
Revaluation
reserves
and retained
earnings
$m
Equity
minority
interests
$m
Total
equity
$m
Balance at 1 April 2006   55 591 945 1,978 8 3,577
Currency translation adjustments 26 108 1 109
Available for sale investments:              
Valuation gains/(losses) taken to equity: 26            
Continuing operations   3 3
Discontinued operations   133 133
Transfer to income statement on sale: 26            
Continuing operations   (1) (1)
Discontinued operations   (58) (58)
Cash flow hedge:              
Valuation gains/(losses) taken to equity: 26            
Continuing operations   7 7
Transfer to income statement in the year: 26            
Continuing operations   (2) (2)
Taxation: 26            
Continuing operations   36 36
Discontinued operations   (10) (10)
Net income/(expense) recognised directly in equity   216 1 217
Profit for the year:              
Continuing operations   1,110 1,110
Discontinued operations   175 (1) 174
Total recognised income for the year   1,501 1,501
Purchase and cancellation of own shares 24, 25 (1) 1 (375) (375)
Close period share buyback programme 26 (100) (100)
Conversion of exchangeable bonds 24 2 330 (83) 249
Employee share schemes:              
Value of employee services: 26            
Continuing operations   43 43
Discontinued operations   22 22
Proceeds from shares issued           24, 25 1 41 42
Purchase of own shares by ESOP Trusts 26 (143) (143)
Disposal of own shares by ESOP Trusts 26 37 37
Acquisition of businesses 30 17 17
Transfer between reserves 26 1 (1)
Dividends 10 (306) (1) (307)
Balance at 31 March 2007   57 962 864 2,656 24 4,563
               
Balance at 1 April 2005   55 354 944 1,359 2,712
Currency translation adjustments 26 (35) (35)
Available for sale investments:              
Valuation gains/(losses) taken to equity 26 88 88
Transfer to income statement on sale 26 (18) (18)
Cash flow hedge:              
Valuation gains/(losses) taken to equity 26 (5) (5)
Transfer to income statement in the year 26 3 3
Taxation 26 (12) (12)
Net income/(expense) recognised directly in equity   21 21
Profit for the year   1,014 1,014
Total recognised income for the year   1,035   1,035
Purchase and cancellation of own shares 24, 25 (1) 1 (230) (230)
Employee share schemes:              
Value of employee services 26 52 52
Proceeds from shares issued 24, 25 1 237 238
Purchase of own shares by ESOP Trusts 26 (46) (46)
Disposal of own shares by ESOP Trusts 26 29 29
Recognition of equity component of exchangeable bonds 25 8 8
Dividends 10 (221) (221)
Balance at 31 March 2006   55 591 945 1,978 8 3,577
               

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