Picton Property Income Limited Annual Report 2021

Financial Statements Consolidated statement of changes in equity for the year ended 31 March 2021

Share capital £000

Retained earnings £000

Other reserves £000

Total £000

Notes

Balance as at 31 March 2019

157,449 342,252 (286) 499,415

Profit for the year Dividends paid

– –

22,508 (19,039)

– – – –

22,508 (19,039) 7,137

10

Issue of ordinary shares Issue costs of shares Vesting of shares held in trust Share-based awards Purchase of shares held in trust

20 7,137

– – – –

(186)

(186)

– – –

(54)

54

7 7

292 292

(844)

(844)

Balance as at 31 March 2020

164,400 345,667 (784) 509,283

Profit for the year Dividends paid Share-based awards

– – – –

33,801 (15,002)

– –

33,801 (15,002)

10

7 7

– –

758 758

Purchase of shares held in trust

(643)

(643)

Balance as at 31 March 2021

164,400 364,466 (669) 528,197

Notes 1 to 27 form part of these consolidated financial statements.

107

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