Consolidated statement of changes in equity
Currency
Share Share Contributed translation Retained
capital premium surplus reserve earnings Total
Note £000 £000 £000 £000 £000 £000
Balance at 1 January 2011 20,297 15,800 245,005 49,457 935,555 1,266,114
Total recognised comprehensive income
for the year (all attributable to owners of the Company) – – – 11,060 21,272 32,332
Employee share options:
Equity settled share based payments – – – – 8,677 8,677
Proceeds from shares issued 24 91 3,124 – – – 3,215
Deferred tax 29 – – – – (3,927) (3,927)
Scrip dividends 24, 32 175 13,162 – – – 13,337
Dividends paid to owners of the Company 32 – – – – (63,849) (63,849)
Balance at 31 December 2011 20,563 32,086 245,005 60,517 897,728 1,255,899
Total recognised comprehensive income
for the year (all attributable to owners of the Company) – – – (35,806) 207,772 171,966
Employee share options:
Equity settled share based payments – – – – 6,135 6,135
Proceeds from shares issued 24 52 1,649 – – – 1,701
Deferred and current tax 29 – – – – 5,190 5,190
Scrip dividends 24, 32 88 7,578 – – – 7,666
Dividends paid to owners of the Company 32 – – – – (70,173) (70,173)
Balance at 31 December 2012 20,703 41,313 245,005 24,711 1,046,652 1,378,384
The notes on pages 55 to 103 are an integral part of these consolidated financial statements.
Consolidated statement of changes in equity Hiscox Ltd Report and Accounts 2012 53