Financial Statements

Statements of changes in equity

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.

Share
capital
Share
premium
Other Retained
earnings
Total
equity
Company Note £m £m £m £m £m
Balance at 2 November 2009
Comprehensive income
Loss for the period (1.1) (1.1)
Total comprehensive income for the period (1.1) (1.1)
Transactions with owners
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)
Total transactions with owners 4.0 120.1 267.3 391.4
Balance at 2 May 2010 4.0 120.1 266.2 390.3
Comprehensive income
Loss for the period (0.1) (0.1)
Total comprehensive income for the period (0.1) (0.1)
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 4.0 138.6 266.1 408.7

The notes inclusive are an integral part of these consolidated financial statements.

SuperGroup Plc was incorporated on 2 November 2009 and hence no statement of changes in equity is required prior to this period.

Each reserve is explained in note 1.