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Statement of changes in equity
of the parent company

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  Share capital
£m
Share premium £m Profit and loss account £m Total equity
£m
Balance at 1 January 2015 128 1,908 5,909 7,945
         
Total comprehensive income for the year        
Profit for the year 920 920
Actuarial gains recognised in respect of the defined benefit pension scheme 4 4
Total comprehensive income for the year 924 924
         
Transactions with owners, recorded directly in equity        
New share capital subscribed 7 7
Share based payment transactions 7 7
Dividends (974) (974)
Total contributions by and distributions to owners 7 (967) (960)
Balance at 31 December 2015 128 1,915 5,866 7,909
         
Balance at 1 January 2016 128 1,915 5,866 7,909
         
Total comprehensive income for the year        
Profit for the year 840 840
Actuarial gains recognised in respect of the defined benefit pension scheme 4 4
Total comprehensive income for the year 844 844
         
Transactions with owners, recorded directly in equity        
New share capital subscribed 1 12 13
Share based payment transactions 6 6
Dividends (1,267) (1,267)
Total contributions by and distributions to owners 1 12 (1,261) (1,248)
Balance at 31 December 2016 129 1,927 5,449 7,505

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