Statements Of Changes In Equity.

2011
2010

Statements Of Changes In Equity 2011

		Share capital	Share premium	Other reserves	Translation reserve	Merger reserve	Retained earnings	Total equity

Group	Note	£m	£m	£m	£m	£m	£m	£m
Balance at 3 May 2009		2.7	-	-	-	(2.7)	15.7	15.7
Comprehensive income
Profit for the period (Group statement of comprehensive income)		-	-	-	-	-	72.2	72.2
Total comprehensive income for the period		-	-	-	-	-	72.2	72.2
Transactions with owners
Reverse opening capital structure under predecessor accounting	1c	(2.7)	-	-	-	2.7	-	-
Withdrawal of members’ capital accounts relating to the business combination		-	-	-	-	-	(36.5)	(36.5)
Shares issued relating to the business combination	1b	270.0	-	-	-	-	-	270.0
Issue of loan notes relating to the business combination	1b	-	-	69.4	-	-	-	69.4
Capital reduction	1b	(267.3)	-	-	-	-	267.3	-
Proceeds from shares issued at a premium on IPO	1c	1.3	123.7	-	-	-	-	125.0
Directly attributable costs for shares issued at a premium on IPO	1c	-	(3.6)	-	-	-	-	(3.6)
Repayment of loan notes		-	-	(69.4)	-	-	-	(69.4)
Merger reserve arising on business combinations	1c	-	-	-	-	(342.3)	-	(342.3)
Total transactions with owners		1.3	120.1	-	-	(339.6)	230.8	12.6
Balance at 2 May 2010		4.0	120.1	-	-	(342.3)	318.7	100.5
Comprehensive income
Profit for the period (Group statement of comprehensive income)		-	-	-	-	-	30.1	30.1
Other comprehensive income
Currency translation differences		-	-	-	1.7	-	-	1.7
Total other comprehensive income		-	-	-	1.7	-	-	1.7
Total comprehensive income for the period		-	-	-	1.7	-	30.1	31.8
Transactions with owners
Issue of ordinary shares	34	-	18.5	-	-	-	-	18.5
Total transactions with owners		-	18.5	-	-	-	-	18.5
Balance at 1 May 2011		4.0	138.6	-	1.7	(342.3)	348.8	150.8

The Group was restructured on 7 March 2010 which, under predecessor accounting, created a merger reserve upon consolidation. Each reserve is explained in note 1.

Statements Of Changes In Equity 2010

		Share capital	Share premium	Other reserves	Translation reserve	Merger reserve	Retained earnings	Total equity

Group	Note	£'000	£'000	£'000	£'000	£'000	£'000	£'000
Balance at 5 May 2008	11.1e	2,700	-	-	-	(2,700)	10,608	10,608
Comprehensive income
Profit for the period		-	-	-	-	-	7,587	7,587
Total comprehensive income		-	-	-	-	-	7,587	7,587
Transactions with owners
Members’ drawings	11.1e	-	-	-	-	-	(2,344)	(2,344)
Total transactions with owners		-	-	-	-	-	(2,344)	(2,344)
Balance at 3 May 2009		2,700	-	-	-	(2,700)	15,749	15,749
Comprehensive income
Profit for the period		-	-	-	-	-	72,158	72,158
Other comprehensive income
Currency translation		-	-	-	(33)	-	-	(33)
differences
Total other comprehensive income			-	-	(33)	-	-	(33)
Total comprehensive income for the period			-	-	(33)	-	72,158	72,125
Transactions with owners
Reverse opening capital structure under predecessor accounting	11.1e	(2,700)	-	-	-	2,700	-	-
Withdrawal of members’ capital accounts relating to the business combination		-	-	-	-	-	(36,470)	(36,470)
Shares issued relating to the business combination	11.1d	270,000	-	-	-	-	-	270,000
Issue of loan notes relating to the business combination	11.1d	-	-	69,380	-	-	-	69,380
Capital reduction	11.1d	(267,300)	-	-	-	-	267,300	-
Proceeds from shares issued at a premium on IPO	11.1e	1,250	123,750	-	-	-	-	125,000
Directly attributable costs for shares issued at a premium on IPO	11.1e	-	(3,612)	-	-	-	-	(3,612)
Repayment of loan notes		-	-	(69,380)	-	-	-	(69,380)
Merger reserve arising on business combinations	11.1e	-	-	-	-	(342,265)	-	(342,265)
Total transactions with owners		1,250	120,138	-	-	(339,565)	230,830	12,653
Balance at 2 May 2010		3,950	120,138	-	(33)	(342,265)	318,737	100,527