Consolidated statement of changes in equity
Consolidated statement of changes in equity
|
Called-up share capital |
Share premium account |
Retained earnings |
Hedging reserve |
Translation reserves |
Total equity |
||
|
€m |
€m |
€m |
€m |
€m |
€m |
||
|
Balance as at 1 April 2024 |
388 |
17 |
2,775 |
2 |
18 |
3,200 |
|
|
(Loss)/profit after taxation |
- |
- |
(204) |
- |
- |
(204) |
|
|
Other comprehensive result for the year |
- |
- |
1 |
2 |
2 |
5 |
|
|
Total comprehensive result for the year |
- |
- |
(203) |
2 |
2 |
(199) |
|
|
Balance as at 31 March 2025 |
388 |
17 |
2,572 |
4 |
20 |
3,001 |
|
|
(Loss)/Profit after taxation |
- |
- |
(206) |
- |
- |
(206) |
|
|
Other comprehensive result for the year |
- |
- |
3 |
16 |
(4) |
15 |
|
|
Total comprehensive result for the year |
- |
- |
(203) |
16 |
(4) |
(191) |
|
|
Balance as at 31 March 2026 |
388 |
17 |
2,369 |
20 |
16 |
2,810 |
The authorised share capital of the Company at 31 March 2026 amounts to €1,300,000,000 (31 March 2025: €1,300,000,000) and consists of 130,000,000 Ordinary shares of €10.00 each of which 38,760,710 Ordinary shares were issued and fully paid up. All the outstanding Ordinary shares were held by Tata Steel Netherlands Holdings B.V.