RBS 2014 Annual Report Download - page 74

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72
RBS – Interim Results 2015
Condensed consolidated statement of changes in equity for the period ended 30 June 2015
Half year ended Quarter ended
30 June 30 June 30 June 31 March 30 June
2015 2014 2015 2015 2014
£m £m £m £m £m
Called-up share capital
A
t beginning of period 6,877 6,714 6,925 6,877 6,752
Ordinary shares issued 104 97 56 48 59
A
t end of period 6,981 6,811 6,981 6,925 6,811
Paid-in equity
A
t beginning of period 784 979 634 784 979
Reclassification (1) (150) - - (150) -
A
t end of period 634 979 634 634 979
Share premium account
A
t beginning of period 25,052 24,667 25,164 25,052 24,760
Ordinary shares issued 254 218 142 112 125
A
t end of period 25,306 24,885 25,306 25,164 24,885
Merger reserve
A
t beginning and end of period 13,222 13,222 13,222 13,222 13,222
Available-for-sale reserve
A
t beginning of period 299 (308) 371 299 (62)
Unrealised (losses)/gains (114) 844 (153) 39 411
Realised losses/(gains) 63 (366) (43) 106 (148)
Tax 39 (68) 65 (26) (63)
Recycled to profit or loss on disposal of businesses (2) -36 - - -
Transfer to retained earnings (43) - 4 (47) -
A
t end of period 244 138 244 371 138
Cash flow hedging reserve
A
t beginning of period 1,029 (84) 1,109 1,029 141
A
mount recognised in equit
y
(26) 968 (524) 498 315
A
mount transferred from equity to earnings (705) (720) (319) (386) (362)
Tax 128 (70) 169 (41) -
Transfer to retained earnings 9- - 9 -
A
t end of period 435 94 435 1,109 94
Foreign exchange reserve
A
t beginning of period 3,483 3,691 2,779 3,483 3,551
Retranslation of net assets (548) (872) (1,042) 494 (702)
Foreign currency gains/(losses) on hedges of net assets 38 155 604 (566) 123
Tax (14) (11) - (14) (9)
Transfer to retained earnings (642) - (24) (618) -
A
t end of period 2,317 2,963 2,317 2,779 2,963
Capital redemption reserve
A
t beginning and end of period 9,131 9,131 9,131 9,131 9,131
Notes:
(1) Paid-in equity reclassified to liabilities as a result of the call of RBS Capital Trust IV in January 2015.
(2) Net of tax of £11 million in H1 2014.
(3) Relating to the secondary offering of Citizens Financial Group in March 2015.