| Share
capital
£m | Share
premium
account
£m | Investment
in own
shares
£m | Attributable to the equity holders of the Company |
|---|
| Other reserves |
|---|
Capital
redemption reserve
£m | Hedging
reserve
£m | Retained
earnings
£m | Total
equity
£m |
|---|
| Balance at 31 March 2017 | 2.0 | 151.0 | (9.5) | 0.3 | 0.3 | 263.4 | 407.5 |
| Total comprehensive income for the period | | | | | | |
| Profit for the period | – | – | – | – | – | 54.7 | 54.7 |
| Other comprehensive income | | | | | | | |
| Cash flow hedges: | | | | | | | |
| Fair value changes in the period | – | – | – | – | (11.0) | – | (11.0) |
| Transfers to net profit: | | | | | | | |
| Cost of sales | – | – | – | – | 1.3 | – | 1.3 |
| Transfer between reserves | – | – | – | – | 1.7 | (1.7) | – |
| Income tax on other comprehensive income | – | – | – | – | 0.2 | – | 0.2 |
| Total other comprehensive income for the period net of tax | – | – | – | – | (7.8) | (1.7) | (9.5) |
| Total comprehensive income for the period | – | – | – | – | (7.8) | 53.0 | 45.2 |
| Hedging gains and losses and costs of hedging transferred to the cost of inventory | – | – | – | – | 4.3 | – | 4.3 |
| Transactions with owners | | | | | | | |
| Share options exercised | – | – | 0.1 | – | – | – | 0.1 |
| Share-based payment transactions | – | – | – | – | – | (0.4) | (0.4) |
| Income tax on share-based payment transactions | – | – | – | – | – | – | – |
| Dividends to equity holders | – | – | – | – | – | (34.8) | (34.8) |
| Total transactions with owners | – | – | 0.1 | – | – | (35.2) | (35.1) |
| Balance at 30 March 2018 | 2.0 | 151.0 | (9.4) | 0.3 | (3.2) | 281.2 | 421.9 |
| Impact of adoption of IFRS 15 | – | – | – | – | – | (3.3) | (3.3) |
| Adjusted balance at 30 March 2018 | 2.0 | 151.0 | (9.4) | 0.3 | (3.2) | 277.9 | 418.6 |
| Total comprehensive income for the period | | | | | | | |
| Profit for the period | – | – | – | – | – | 41.9 | 41.9 |
| Other comprehensive income | | | | | | | |
| Cash flow hedges: | | | | | | | |
| Fair value changes in the period | – | – | – | – | 7.4 | – | 7.4 |
| Change in fair value of investment | – | – | – | – | – | (8.1) | (8.1) |
| Income tax on other comprehensive income | – | – | – | – | – | – | – |
| Total other comprehensive income for the period net of tax | – | – | – | – | 7.4 | (8.1) | (0.7) |
| Total comprehensive income for the period | – | – | – | – | 7.4 | 33.8 | 41.2 |
| Hedging gains and losses and costs of hedging transferred to the cost of inventory | – | – | – | – | (2.6) | – | (2.6) |
| Transactions with owners | | | | | | | |
| Own shares acquired | – | – | (1.0) | – | – | – | (1.0) |
| Share options exercised | – | – | 0.4 | – | – | – | 0.4 |
| Share-based payment transactions | – | – | – | – | – | 0.3 | 0.3 |
| Income tax on share-based payment transactions | – | – | – | – | – | – | – |
| Dividends to equity holders | – | – | – | – | – | (35.9) | (35.9) |
| Total transactions with owners | – | – | (0.6) | – | – | (35.6) | (36.2) |
| Balance at 29 March 2019 | 2.0 | 151.0 | (10.0) | 0.3 | 1.6 | 276.1 | 421.0 |
The notes to the financial statements are an integral part of these consolidated financial statements.