v3.26.1
Consolidated statement of changes in equity - GBP (£)
£ in Millions
Total
Total shareholders’ equity
Share capital
Share premium account
Retained earnings
Other equity reserves
 [1]
Non-controlling interests
Equity, beginning balance at Mar. 31, 2023 £ 29,562 £ 29,538 £ 488 £ 1,302 £ 31,608 £ (3,860) £ 24
Profit for the year 2,291 2,290     2,290   1
Other comprehensive income/(loss) for the year (300) (300)     (168) (132)  
Total comprehensive income for the year 1,991 1,990     2,122 (132) 1
Equity dividends (1,718) (1,718)     (1,718)    
Scrip dividend-related share issue [2] (1) (1) 5 (6)      
Issue of treasury shares 21 21     21    
Transactions in own shares (4) (4)   2 (6)    
Share-based payments 37 37     37    
Tax on share-based payments 2 2     2    
Cash flow hedges transferred to the statement of financial position, net of tax 2 2       2  
Equity, ending balance at Mar. 31, 2024 29,892 29,867 493 1,298 32,066 (3,990) 25
Profit for the year 2,905 2,902     2,902   3
Other comprehensive income/(loss) for the year (330) (328)     (80) (248) (2)
Total comprehensive income for the year 2,575 2,574     2,822 (248) 1
Rights Issue 6,839 6,839 135     6,704  
Transfer between reserves 0 0     6,704 (6,704)  
Equity dividends (1,529) (1,529)     (1,529)    
Scrip dividend-related share issue [2] 0 0 10 (10)      
Issue of treasury shares 18 18     18    
Transactions in own shares (7) (7)   4 (11)    
Other movements in non-controlling interests (3)           (3)
Share-based payments 37 37     37    
Tax on share-based payments (1) (1)     (1)    
Cash flow hedges transferred to the statement of financial position, net of tax 5 5       5  
Equity, ending balance at Mar. 31, 2025 37,826 37,803 638 1,292 40,106 (4,233) 23
Profit for the year 3,243 3,241     3,241   2
Other comprehensive income/(loss) for the year (217) (219)     93 (312) 2
Total comprehensive income for the year 3,026 3,022     3,334 (312) 4
Equity dividends (1,623) (1,623)     (1,623)    
Scrip dividend-related share issue [2] 0 0 9 (9)      
Issue of treasury shares 40 40     40    
Transactions in own shares (1) (1)   2 (3)    
Other movements in non-controlling interests 4           4
Share-based payments 45 45     45    
Tax on share-based payments 10 10     10    
Cash flow hedges transferred to the statement of financial position, net of tax 3 3       3  
Equity, ending balance at Mar. 31, 2026 £ 39,330 £ 39,299 £ 647 £ 1,285 £ 41,909 £ (4,542) £ 31
[1] For further details of other equity reserves, see note 28.
[2] Included within the share premium account are costs associated with scrip dividends.