Consolidated statement of changes in equity

For the year ended 31 December 2023

Notes

Share
capital
£’000

Share
premium
£’000

Retained
earnings
£’000

Total
shareholders’
equity
£’000

Balance at 1 January 2022

1,786

181,013

778,652

961,451

Profit for the year/total comprehensive income

–

–

222,960

222,960

Ordinary shares repurchased and cancelled

(22)

(8,911)

–

(8,933)

Dividends

–

–

(7,988)

(7,988)

Total transactions with equity shareholders

(22)

(8,911)

(7,988)

(16,921)

Balance at 31 December 2022

1,764

172,102

993,624

1,167,490

Profit for the year/total comprehensive income

–

–

47,488

47,488

Dividends

19

–

–

(7,939)

(7,939)

Total transactions with equity shareholders

–

–

(7,939)

(7,939)

Balance at 31 December 2023

1,764

172,102

1,033,173

1,207,039

Notes 1-23 are an integral part of these Consolidated Financial Statements.