NCC Group plc Annual Report 2022

Consolidated statement of changes in equity for the year ended 31 May 2022

Currency translation reserve £m

Share capital £m

Share premium £m

Hedging reserve £m

Merger reserve £m

Retained earnings £m

Total £m

Notes

Balance at 1 June 2020

2.8 150.9

42.3

31.9 (22.0)

205.9

Profit for the year

– –

– –

10.0

10.0

Other comprehensive income for the year

(0.8)

– (11.6)

– (12.4)

Total comprehensive income for the year

(0.8)

– (11.6)

10.0

(2.4)

Transactions with owners recorded directly in equity Dividends to equity shareholders

10

– – –

– – –

– – – –

– – – –

– (13.0)

(13.0)

Share-based payments

– – –

2.8 0.3

2.8 0.3

Tax on share-based payments

9

Shares issued

27

0.3

72.3

72.6

Total contributions by and distributions to owners

0.3

72.3

(9.9)

62.7

Balance at 31 May 2021

3.1 223.2

(0.8)

42.3

20.3 (21.9)

266.2

Profit for the year

– – –

– – –

– – –

– –

23.0

23.0

(0.1)

– –

(0.1)

Other comprehensive income for the year Foreign currency translation differences

14.8

14.8

Total comprehensive income for the year

(0.1)

14.8

23.0

37.7

Transactions with owners recorded directly in equity Dividends to equity shareholders Transfer hedging reserve to retained earnings

– – – – –

– – – –

– – – – –

– – – – –

(14.4)

(14.4)

10

0.9

(0.9)

– – –

3.2

3.2

Share-based payments

(0.3)

(0.3)

Tax on share-based payments

9

0.8

0.8

Shares issued

27

Total contributions by and distributions to owners

0.8

0.9

– (12.4)

(10.7)

Balance at 31 May 2022

3.1

224.0

– 42.3

35.1

(11.3)

293.2

The accompanying Notes 1 to 34 are an integral part of these consolidated Financial Statements.

NCC Group plc — Annual report and accounts for the year ended 31 May 2022

147

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