RBS 2009 Annual Report Download - page 247

Financial statements
245RBS Group Annual Report and Accounts 2009
Group Company
Restated
2009 2008 2007 2009 2008 2007
£m £m £m £m £m £m
Capital redemption reserve
At 1 January and 31 December 170 170 170 170 170 170
Contingent capital reserve
At 1 January — — — —— —
Contingent capital agreement – consideration payable (1,208) — — (1,208) — —
At 31 December (1,208) — — (1,208) — —
Retained earnings
At 1 January 7,542 21,072 15,487 5,550 3,787 4,737
(Loss)/profit attributable to ordinary and B shareholders
and other equity owners (2,672) (23,710) 7,549 (1,503) (9,602) 2,499
Ordinary dividends paid — (2,312) (3,044) —(2,312) (3,044)
Equity preference dividends paid (878) (536) (246) (878) (536) (246)
Paid-in equity dividends paid, net of tax (57) (60) — (57) (60) —
Transfer from paid-in equity 200 — — 200 — —
Equity owners gain on withdrawal of minority interest
– gross 629 — — —— —
– taxation (176) — — —— —
Redemption of preference shares classified as debt — — (159) —— (159)
Transfer from merger reserve 9,950 14,273 — 9,950 14,273 —
Actuarial (losses)/gains recognised in retirement benefit schemes
– gross (3,756) (1,807) 2,164 ———
– taxation 1,043 472 (647) —— —
Net cost of shares bought and used to satisfy share-based payments (16) (19) (40) ———
Share-based payments
– gross 325 177 65 ———
– taxation — (8) (57) ———
At 31 December 12,134 7,542 21,072 13,262 5,550 3,787
Own shares held
At 1 January (104) (61) (115) ———
Shares purchased during the year (33) (64) (65) ———
Shares issued under employee share schemes 16 21 119 —— —
At 31 December (121) (104) (61) ———
Owners’ equity at 31 December 77,736 58,879 53,038 65,582 44,158 24,877