Financial Statements
Consolidated statement of changes in equity for the year ended 31 March 2022
Share capital £000
Retained earnings £000
Other reserves £000
Revaluation reserve £000
Total £000
Notes
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
– –
758 (643)
758 (643)
Purchase of shares held in trust
7
Balance as at 31 March 2021
164,400 364,466 (669)
– 528,197 – 146,986
Profit for the year Dividends paid Share-based awards
– 146,986
– –
10
– – – –
(18,425)
– – –
(18,425)
– – –
668 (730)
668 (730)
Purchase of shares held in trust Other comprehensive income for the year
7
14
–
434 434
Balance as at 31 March 2022
164,400 493,027 (731)
434 657,130
Notes 1 to 27 form part of these consolidated financial statements.
Picton Property Income Limited Annual Report 2022
118
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