Financial Statements

Notes to the Consolidated Financial Statementsfor the year to 31 December 2008

30. Reconciliation of movements in consolidated equity

2008
£m
2007
£m
Total recognised loss for the year (1,934.8) (112.2)
Dividends on equity shares (107.9) (117.3)
New share capital subscribed 2,075.3
Replacement options granted on acquisition of George Wimpey Plc 2.9
Transfer of own shares 6.3 14.6
Purchase of own shares (251.6)
Decrease in share-based payment tax reserve (2.6)
Share-based payment charge 6.0 0.6
Cash cost of satisfying share options (0.9) (8.9)
Dividends to minority shareholders (0.7) (1.1)
Net (decrease)/increase in equity (2,032.0) 1,599.7
Opening equity 3,705.2 2,105.5
Closing equity 1,673.2 3,705.2