RBS 2003 Annual Report Download - page 145

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143
Annual Report and Accounts 2003
Statement of consolidated total recognised gains and losses Reconciliation of movements in consolidated shareholders’ funds
Statement of consolidated total recognised gains and losses
for the year ended 31 December 2003
Reconciliation of movements in consolidated shareholders’ funds
for the year ended 31 December 2003
2003 2002 2001
£m £m £m
Profit attributable to ordinary shareholders 2,315 1,971 1,868
Currency translation adjustments and other movements 43 36 (3)
Revaluation of premises (69) (33) 72
Total recognised gains and losses in the year 2,289 1,974 1,937
Prior year adjustment arising from the implementation of FRS 19 (117) —
Total recognised gains and losses 2,289 1,857 1,937
2003 2002 2001
£m £m £m
Profit attributable to ordinary shareholders 2,315 1,971 1,868
Ordinary dividends (1,490) (1,267) (1,085)
Retained profit for the year 825 704 783
Issue of ordinary and preference shares 775 560 2,759
Redemption of preference shares (364) (600) —
Goodwill previously written off to reserves 40 ——
Other recognised gains and losses (26) 369
Currency translation adjustment on share premium account (203) (283) 58
Net increase in shareholders’ funds 1,047 384 3,669
Opening shareholders’ funds 27,052 26,668 22,999
Closing shareholders’ funds 28,099 27,052 26,668