RBS 2009 Annual Report Download - page 246

RBS Group Annual Report and Accounts 2009244
Statements of changes in equity
for the year ended 31 December 2009
Group Company
Restated
2009 2008 2007 2009 2008 2007
£m £m £m £m £m £m
Called-up share capital
At 1 January 9,898 2,530 815 9,898 2,530 815
Ordinary shares issued in respect of placing and open offers 4,227 5,728 — 4,227 5,728 —
Ordinary shares issued in respect of rights issue — 1,531 — —1,531 —
Ordinary shares issued in respect of capitalisation issue — 101 — —101 —
B shares issued 510 ——510 ——
Preference shares issued in respect of placing and open offer — 5 — —5 —
Other shares issued during the year — 3 139 —3 139
Bonus issue of ordinary shares — — 1,576 —— 1,576
Preference shares redeemed during the year (5) — — (5) — —
At 31 December 14,630 9,898 2,530 14,630 9,898 2,530
Paid-in equity
At 1 January 1,073 1,073 — 1,073 1,073 —
Securities (redeemed)/issued during the year (308) — 1,073 (308) — 1,073
Transfer to retained earnings (200) — — (200) — —
At 31 December 565 1,073 1,073 565 1,073 1,073
Share premium account
At 1 January 27,471 17,322 12,482 27,471 17,322 12,482
Ordinary shares issued in respect of placing and open offer,
net of £95 million expenses 1,047 — — 1,047 — —
Ordinary shares issued in respect of rights issue,
net of £246 million expenses — 10,469 — —10,469 —
Ordinary shares issued in respect of capitalisation issue — (101) — —(101) —
Expenses of placing and open offer — (265) — —(265) —
Other shares issued during the year — 46 6,257 —46 6,257
Bonus issue of ordinary shares — — (1,576) —(1,576)
Preference shares redeemed during the year (4,995) — 159 (4,995) — 159
At 31 December 23,523 27,471 17,322 23,523 27,471 17,322
Merger reserve
At 1 January 10,881 10,881 10,881 —— —
Issue of B shares, net of £399 million expenses 24,591 ——24,591 ——
Placing and open offer — 14,273 — —14,273 —
Transfer to retained earnings (9,950) (14,273) — (9,950) (14,273) —
At 31 December 25,522 10,881 10,881 14,641 — —
Available-for-sale reserve
At 1 January (3,561) 1,032 1,528 —— —
Unrealised gains/(losses) in the year 1,202 (6,808) (191) ———
Realised losses/(gains) in the year 981 842 (513) —— —
Taxation (377) 1,373 208 —— —
At 31 December (1,755) (3,561) 1,032 ———
Cash flow hedging reserve
At 1 January (876) (555) (149) (4) (5) (7)
Amount recognised in equity during the year 380 (603) (460) ———
Amount transferred from equity to earnings in the year 513 198 (138) 32 3
Taxation (269) 84 192 —(1) (1)
At 31 December (252) (876) (555) (1) (4) (5)
Foreign exchange reserve
At 1 January 6,385 (426) (872) ———
Retranslation of net assets (2,322) 11,970 1,339 —— —
Foreign currency gains/(losses) on hedges of net assets 456 (5,801) (963) ———
Taxation 9642 70 —— —
At 31 December 4,528 6,385 (426) ———