Our world Search PLC | Investors Menu Group statement of changes in equity Download this statement in Excel. All other reserves Share capital Share premium Currency basis reserve Capital redemption reserve Hedging reserve Translation reserve Own shares held Merger Reserve Total Non-controlling interests Total equity Retained earnings £m £m £m £m £m £m £m £m £m £m £m £m At 23 February 2019 (as previously reported) 490 5,165 (5) 16 118 758 (179) 3,090 5,405 14,858 (24) 14,834 Cumulative adjustment to opening balances from application of IFRS 16 (net of tax) – – – – – (28) – – (1,374) (1,402) – (1,402) At 23 February 2019 (restated*) 490 5,165 (5) 16 118 730 (179) 3,090 4,031 13,456 (24) 13,432 Profit/(loss) for the year Other comprehensive income/(loss) – – – – – – – 971 971 2 973 Currency translation differences – – – – – (68) – – – (68) – (68) Change in fair value of debt instruments at fair value through other comprehensive income – – – – – – – – 9 9 – 9 Remeasurements of defined benefit pension schemes – – – – – – – – (466) (466) – (466) Gains/(losses) on cash flow hedges – – (12) – 111 – – – – 99 – 99 Tax relating to components of other comprehensive income – – 2 – (11) 1 – – 70 62 – 62 Total other comprehensive income/(loss) – – (10) – 100 (67) – – (387) (364) – (364) Total comprehensive income/(loss) – – (10) – 100 (67) – – 584 607 2 609 Total inventory cash flow hedge movements Gains/(losses) transferred to the cost of inventory – – – – (64) – – – – (64) – (64) Total inventory cash flow hedge movements – – – – (64) – – – – (64) – (64) Transactions with owners Purchase of own shares – – – – – – (221) – – (221) – (221) Share–based payments – – – – – – 150 – 5 155 – 155 Dividends – – – – – – – – (656) (656) – (656) Tax on items charged to equity – – – – – – – – (2) (2) – (2) Total transactions with owners – – – – – – (71) – (653) (724) – (724) At 29 February 2020 490 5,165 (15) 16 154 663 (250) 3,090 3,962 13,275 (22) 13,253 The notes on pages 84 to 147 form part of these financial statements. * Restated for the adoption of IFRS 16 as explained in Note 1 and Note 37. All other reserves Share capital Share premium Currency basis reserve Capital redemption reserve Hedging reserve Translation reserve Own shares held Merger Reserve(a) Retained earnings Total Non-controlling interests Total equity £m £m £m £m £m £m £m £m £m £m £m £m At 24 February 2018 (as previously reported) 410 5,107 – 16 40 655 (16) 40 4,250 10,502 (22) 10,480 Adjustment on intial application of IFRS 16 (net of tax) – – – – – (18) – – (1,324) – – (1,324) At 25 February 2018 (restated*) 410 5,107 – 16 40 637 (16) 40 2,926 9,160 (22) 9,138 Adjustment on initial application of IFRS 9 (net of tax) – – 1 – (1) – – – (177) (177) – (177) At 25 February 2018 410 5,107 1 16 39 637 (16) 40 2,749 8,983 (22) 8,961 Profit/(loss) for the year (as previously reported) – – – – – – – – 1,322 1,322 (2) 1,320 IFRS 16 adjustment to profit/(loss) for the year – – – – – – – – (50) (50) – (50) Profit/(loss) for the year (restated*) – – – – – – – – 1,272 1,272 (2) (1,270) Other comprehensive income/(loss) Currency translation differences (as previously reported) – – – – – 100 – – – 100 – 100 IFRS 16 adjustment to currency translation differences – – – – – (10) – – – (10) – (10) Currency translation differences (restated*) – – – – – 90 – – – 90 – 90 Change in fair value of financial assets at fair value through other comprehensive income – – – – – – – – (10) (10) – (10) Remeasurements of defined benefit pension schemes – – – – – – – – 364 364 – 364 Gains/(losses) on cash flow hedges – – (6) – 79 – – – – 73 – 73 Tax relating to components of other comprehensive income – – – – – 3 – – (59) (56) – (56) Total other comprehensive income/(loss) (restated*) – – (6) – 79 93 – – 295 461 – 461 Total comprehensive income/(loss) (restated*) – – (6) – 79 93 – – 1,567 1,733 (2) 1,731 Transactions with owners Purchase of own shares – – – – – – (277) – – (277) – (277) Share–based payments – – – – – – 114 – 67 181 – 181 Issue of shares 80 58 – – – – – 3,050 – 3,188 – 3,188 Dividends – – – – – – – – (357) (357) – (357) Tax on items charged to equity – – – – – – – – 5 5 – 5 Total transactions with owners 80 58 – – – – (163) 3,050 (258) 2,740 – 2,740 At 23 February 2019 (restated*) 490 5,165 (5) 16 118 730 (179) 3,090 4,031 13,456 (24) 13,432 The notes on pages 84 to 147 form part of these financial statements. * Restated for the adoption of IFRS 16 as explained in Note 1 and Note 37. Share price 280.50p +0.70p +0.25% 24 November 2021 at close About this website Terms & conditions Privacy & cookies policy Accessibility Site index Useful links Tescoplc.com Tesco.com Tesco Red Door - Innovation Tesco careers Store locator Product recall Modern Slavery Statement Follow us Linkedin Twitter Facebook YouTube flickr Company number: 00445790 © Tescoplc.com 2021. All Rights Reserved. Privacy policy and cookies Accept and close