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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