RBS 2011 Annual Report Download - page 424

422 RBS Group 2011
Statement of changes in equity continued
2011 2010 2009
£m £m £m
Retained earnings
At 1 January 18,365 13,262 5,550
Loss attributable to ordinary and B shareholders and other equity owners (107) (4,554) (1,503)
Equity preference dividends paid —(105) (878)
Paid-in equity dividends paid, net of tax —(19) (57)
Transfer from paid-in equity
- gross —2 200
- tax —(1) —
Redemption of equity preference shares — (2,968) —
Gain on redemption of equity preference shares — 616 —
Redemption of preference shares classified as debt — (118) —
Transfer from merger reserve 50 12,250 9,950
At 31 December 18,308 18,365 13,262
Owners’ equity at 31 December 59,389 59,224 65,582
Total comprehensive loss recognised in the statement of changes in equity is attributable to:
Preference shareholders —105 878
Paid-in equity holders —19 57
Ordinary and B shareholders (107) (4,677) (2,435)
(107) (4,553) (1,500)
The accompanying notes on pages 424 to 431 form an integral part of these financial statements.
Parent company financial statement and notes continued