RBS 2013 Annual Report Download - page 376
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Consolidated statement of changes in equity for the year ended 31 December 2013
374
2013 2012* 2011*
£m £m £m
Foreign exchange reserve
A
t 1 January 3,908 4,775 5,138
Retranslation of net assets (325) (1,056) (382)
Foreign currency gains/(losses) on hedges of net assets 105 177 (10)
Tax 6 17 23
Transfer to retained earnings — (2) —
Recycled to profit or loss on disposal of businesses (3) (3) 6
A
t 31 Decembe
r
3,691 3,908 4,775
Capital redemption reserve
A
t 1 January 9,131 198 198
Share capital sub-division and consolidation — 8,933 —
A
t 31 Decembe
r
9,131 9,131 198
Contingent capital reserve
A
t 1 January (1,208) (1,208) (1,208)
Transfer to retained earnings 1,208 — —
A
t 31 Decembe
r
— (1,208) (1,208)
Retained earnings
A
t 1 January 10,596 18,929 21,239
Transfer to non-controlling interests — (361) —
(Loss)/profit attributable to ordinary and B shareholders and other equity owners
- continuing operations (8,708) (5,694) (2,457)
- discontinued operations 111 (60) 306
Equity preference dividends paid (349) (273) —
Paid-in equity dividends paid, net of tax (49) (28) —
Transfer from available-for-sale reserve — 59 —
Transfer from foreign exchange reserve — 2 —
Transfer from merger reserve — —50
Transfer from contingent capital reserve (1,208) — —
Termination of contingent capital agreement 320 — —
A
ctuarial gains/(losses) recognised in retirement benefit schemes
- gross 446 (2,158) (375)
- tax (246) 352 34
Loss on disposal of own shares held (18) (196) —
Shares issued under employee share schemes (77) (87) (58)
Share-based payments
- gross 48 117 200
- tax 1 (6) (10)
A
t 31 Decembe
r
867 10,596 18,929
Own shares held
A
t 1 January (213) (769) (808)
Disposal of own shares 75 441 20
Shares issued under employee share schemes 1 115 19
A
t 31 Decembe
r
(137) (213) (769)
Owners’ equity at 31 December 58,742 68,678 75,367
*Restated