| Share capital
£m | Share premium account
£m | Own
shares
£m | Other
reserves
£m | Hedging
and
translation
reserves
£m | Retained
earnings
£m | Equity
attributable
to equity
holders of
the parent
£m | Non-
controlling
interests
£m | Total
equity
£m |
|---|
| 1 January 2011 | 32.8 | 176.3 | (8.0) | 138.1 | 36.0 | 73.9 | 449.1 | 1.7 | 450.8 |
| Net profit for the year | – | – | – | – | – | 55.8 | 55.8 | 0.2 | 56.0 |
| Exchange differences on translation of overseas operations | – | – | – | (0.2) | (11.7) | – | (11.9) | (0.4) | (12.3) |
| Movement on hedges of net investments | – | – | – | – | 0.4 | – | 0.4 | – | 0.4 |
| Realisation of revaluation surplus | – | – | – | (0.2) | – | 0.2 | – | – | – |
| Actuarial losses on defined benefit pension schemes net of deferred tax | – | – | – | – | – | (1.5) | (1.5) | – | (1.5) |
| Total comprehensive income for the year | – | – | – | (0.4) | (11.3) | 54.5 | 42.8 | (0.2) | 42.6 |
| Issue of share capital | 0.2 | 0.6 | – | – | – | – | 0.8 | – | 0.8 |
| Acquired in the year / settlement of share options | – | – | 1.3 | – | – | (2.4) | (1.1) | – | (1.1) |
| Share-based payments | – | – | – | 5.4 | – | – | 5.4 | – | 5.4 |
| Deferred tax on share-based payment transactions | – | – | – | – | – | 1.7 | 1.7 | – | 1.7 |
| Dividends paid | – | – | – | – | – | (17.4) | (17.4) | (0.1) | (17.5) |
Purchase of
non-controlling interest | – | – | – | – | – | – | – | (0.1) | (0.1) |
| 31 December 2011 | 33.0 | 176.9 | (6.7) | 143.1 | 24.7 | 110.3 | 481.3 | 1.3 | 482.6 |
| Net profit for the year | – | – | – | – | – | 66.9 | 66.9 | 0.1 | 67.0 |
| Exchange differences on translation of overseas operations | – | – | – | – | (14.2) | – | (14.2) | – | (14.2) |
| Realisation of revaluation surplus | – | – | – | (0.4) | – | 0.4 | – | – | – |
| Actuarial losses on defined benefit pension schemes net of deferred tax | – | – | – | – | – | (3.9) | (3.9) | – | (3.9) |
| Total comprehensive income for the year | – | – | – | (0.4) | (14.2) | 63.4 | 48.8 | 0.1 | 48.9 |
| Issue of share capital | 0.1 | 0.2 | – | – | – | – | 0.3 | – | 0.3 |
| Acquired in the year / settlement of share options | – | – | (4.6) | (5.0) | – | (1.4) | (11.0) | – | (11.0) |
| Share-based payments | – | – | – | 3.9 | – | – | 3.9 | – | 3.9 |
| Deferred tax on share-based payment transactions | – | – | – | – | – | 1.0 | 1.0 | – | 1.0 |
| Dividends paid | – | – | – | – | – | (21.3) | (21.3) | – | (21.3) |
| 31 December 2012 | 33.1 | 177.1 | (11.3) | 141.6 | 10.5 | 152.0 | 503.0 | 1.4 | 504.4 |
Included in other reserves is the capital redemption reserve arising on redemption of the Group's B shares of £129.4m (2011: £129.4m) and the share-based payments reserve of £10.9m (2011: £11.9m).
The own shares reserve represents the cost of shares in Bodycote plc purchased in the market. At 31 December 2012 4,373,136 (2011: 5,089,830) ordinary shares of 17 ³/11p each were held by the Bodycote International Employee Benefit Trust to satisfy share-based payments under the Group's incentive schemes (see note 27).