Group statement of changes in equity

Year ended 31 March 2016

 Share
capital
£m
Share
premium
account
£m
Merger
reserve
£m
Own
Shares
reserve
£m
Share
incentive
reserve
£m
Capital
redemption
reserve
£m
Currency
translation
reserve
£m
Available
for sale
reserve
£m
Retained
earnings
£m
Total
equity
£m
Balance at 1 April 2015 8.3 40.5 71.0 (11.1) 15.7 1.2 (9.3) - 252.2 368.5
Total comprehensive                    
income - - - - - - 14.8 1.8 62.0 78.6
Dividends paid - - - - - - - - (137.0) (137.0)
Issue of share capital - 0.6 - - - - - - - 0.6
Issue of trust shares - - - 11.0 - - - - (9.8) 1.2
Share-based payments - - - - 2.6 - - - - 2.6
Share options exercised - - - - (2.3) - - - 2.3 -
Tax on exercised                    
share options - - - - - - - - 2.3 2.3
Deferred tax on share options - - - - - - - - (0.2) (0.2)
Balance at 31 March 2016 8.3 41.1 71.0 (0.1) 16.0 1.2 5.5 1.8 171.8 316.6

Year ended 31 March 2015

 Share
capital
£m
Share
premium
account
£m
Merger
reserve
£m
Own
Shares
reserve
£m
Share
incentive
reserve
£m
Capital
redemption
reserve
£m
Currency
translation
reserve
£m
Retained
earnings
£m
Total
equity
£m
Balance at 1 April 2014 8.3 38.6 71.0 (15.9) 14.4 1.2 2.3 233.0 352.9
Total comprehensive                  
income - - - - - - (11.6) 54.4 42.8
Dividends paid - - - - - - - (36.9) (36.9)
Issue of share capital - 1.9 - - - - - - 1.9
Issue of trust shares - - - 4.8 - - - (2.9) 1.9
Share-based payments - - - - 4.2 - - - 4.2
Share options exercised - - - - (2.9) - - 2.9 -
Tax on exercised                  
share options - - - - - - - 1.2 1.2
Deferred tax on share options - - - - - - - 0.5 0.5
Balance at 31 March 2015 8.3 40.5 71.0 (11.1) 15.7 1.2 (9.3) 252.2 368.5