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Group Statement of Changes in Equity

For the six months ended 30 June 2013 (unaudited)

As at 30 June 2013 

 

Attributable to equity holders of the Company

 

Ordinary
share
capital
£ million

Share
premium
account
£ million

Treasury
shares
£ million

Capital
redemption
reserve
£ million

Hedging
reserve
£ million

Foreign
exchange
reserve
(translation)
£ million

Retained
earnings
£ million

Total
equity
£ million

Balance at 1 January 2013

49

19

(34)

6

(9)

15

999

1,045

Profit for the period

–

–

–

–

–

–

105

105

Other comprehensive income:

 

 

 

 

 

 

 

 

Fair value gains on foreign currency
  cash flow hedge

–

–

–

–

12

–

–

12

Transfers from hedging reserve to revenue

–

–

–

–

(3)

–

–

(3)

Fair value gains on interest rate swaps 

–

–

–

–

3

–

–

3

Currency translation differences

–

–

–

–

–

23

–

23

Deferred tax on items taken to or
transferred from equity

–

–

–

–

(3)

–

–

(3)

Actuarial losses on retirement benefits
  (net of tax)

–

–

–

–

–

–

(1)

(1)

Total comprehensive income for
  the period ended 30 June 2013

–

–

–

–

9

23

104

136

Transactions with owners:

 

 

 

 

 

 

 

 

Employee share awards

–

–

–

–

–

–

(3)

(3)

Issue of ordinary shares to employees
  under share option schemes

–

–

10

–

–

–

(10)

–

Current tax on items taken to or
  transferred from equity

–

–

–

–

–

–

3

3

Deferred tax on items taken to or
  transferred from equity

–

–

–

–

–

–

(3)

(3)

New share capital subscribed (Note (i))

–

1

–

–

–

–

–

1

Dividends paid during the period

–

–

–

–

–

–

(42)

(42)

 

–

1

10

–

–

–

(55)

(44)

Balance at 30 June 2013

49

20

(24)

6

–

38

1,048

1,137
(i)

During the period 298,327 ordinary shares of 13549/775 pence each have been issued at prices ranging from £4.37 to £14.32 to satisfy the exercise of options under the Sharesave Schemes by eligible employees. In addition 360,441 shares were allotted at par to US participants in the Long-term Incentive Plan.

 

As at 30 June 2012 

 

Attributable to equity holders of the Company

 

Ordinary share capital
£ million

Share premium account
£ million

Treasury shares
£ million

Capital redemption reserve
£ million

Hedging reserve
£ million

Foreign exchange
reserve
(translation)
£ million

Retained earnings
£ million

Total equity
£ million

Balance at 1 January 2012

49

16

(49)

6

(10)

73

796

881

Profit for the period

–

–

–

–

–

–

108

108

Other comprehensive income:

 

 

 

 

 

 

 

 

Fair value gains on foreign currency
  cash flow hedge

–

–

–

–

1

–

–

1

Fair value losses on interest rate swaps

–

–

–

–

(1)

–

–

(1)

Currency translation differences

–

–

–

–

–

(25)

–

(25)

Actuarial gains on retirement benefits
  (net of tax)

–

–

–

–

–

–

4

4

Total comprehensive income for
  the period ended 30 June 2012

–

–

–

–

–

(25)

112

87

Transactions with owners:

 

 

 

 

 

 

 

 

Purchase of treasury shares (Note (i)) 

–

–

(11)

–

–

–

–

(11)

Employee share awards

–

–

–

–

–

–

8

8

Issue of ordinary shares to employees
  under share option schemes

–

–

26

–

–

–

(26)

–

Current tax on items taken to or
  transferred from equity

–

–

–

–

–

–

16

16

Deferred tax on items taken to or
  transferred from equity

–

–

–

–

–

–

(18)

(18)

Return of capital to shareholders
  (Note (ii))  

–

–

–

–

–

–

(2)

(2)

New share capital subscribed (Note (iii))

–

2

–

–

–

–

–

2

Dividends paid during the period

–

–

–

–

–

–

(36)

(36)

 

–

2

15

–

–

–

(58)

(41)

Balance at 30 June 2012

49

18

(34)

6

(10)

48

850

927
(i)

During the period 508,162 ordinary shares of 13549/775 pence each were acquired in the open market at a price of £21.64 by the Aggreko Employee Benefit Trust. These shares were acquired using funds provided by Aggreko plc to meet its obligations under the Long-term Incentive Arrangements.

(ii)

2,947,585 B shares were bought back in May 2012 at a price of 55.5 pence per share. As a result of this transaction £0.2 million was transferred from ordinary share capital to capital redemption reserve being 2,947,585 shares at par value 618/25 pence.

(iii)

During the period 574,015 ordinary shares of 13549/775 pence each have been issued at prices ranging from £2.82 to £16.90 to satisfy the exercise of options under the Sharesave Schemes by eligible employees. In addition 1,028,222 shares were allotted at par to US participants in the Long-term Incentive Plan.