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Group Statement of Changes in Equity

For the six months ended 30 June 2011 (unaudited)

As at 30 June 2011

Attributable to equity holders of the Company

Ordinary
share
capital
£ million

Share
premium
account
£ million

Treasury
shares
£ million

Capital
redemption
reserve
£ million

Hedging
reserve
£ million

Foreign
exchange
reserve
(translation)
£ million

Retained
earnings
£ million

Total
equity
£ million

Balance at 1 January 2011

54.9

14.8

(49.6)

0.1

(7.4)

83.7

717.9

814.4

Profit for the period

–

–

–

–

–

–

85.1

85.1

Other comprehensive income:

Fair value gains on foreign currency
cash flow hedge

–

–

–

–

1.5

–

–

1.5

Transfers from hedging reserve to
property, plant and equipment

–

–

–

–

(1.2)

–

–

(1.2)

Fair value gains on interest rate swaps

–

–

–

–

1.0

–

–

1.0

Currency translation differences

–

–

–

–

–

(14.4)

–

(14.4)

Deferred tax on items taken to or
transferred from equity

–

–

–

–

(0.1)

–

–

(0.1)

Actuarial gains on retirement benefits
(net of tax)

–

–

–

–

–

–

0.1

0.1

Total comprehensive income for
the period ended 30 June 2011

–

–

–

–

1.2

(14.4)

85.2

72.0

Transactions with owners:

Credit in respect of employee share awards

–

–

–

–

–

–

10.7

10.7

Issue of ordinary shares to employees
under share option schemes

–

–

10.8

–

–

–

(10.8)

–

Current tax on items taken to or
transferred from equity

–

–

–

–

–

–

7.8

7.8

Deferred tax on items taken to or
transferred from equity

–

–

–

–

–

–

1.6

1.6

New share capital subscribed (Note (i))

0.2

1.0

–

–

–

–

–

1.2

Dividends paid during the period

–

–

–

–

–

–

(33.2)

(33.2)
 

0.2

1.0

10.8

–

–

–

(23.9)

(11.9)

Balance at 30 June 2011

55.1

15.8

(38.8)

0.1

(6.2)

69.3

779.2

874.5

(i) During the period 275,862 Ordinary shares of 20 pence each have been issued at prices ranging from £1.89 to £14.32 to satisfy the exercise of options under the Sharesave Schemes by eligible employees. In addition 666,562 shares were allotted at par to US participants in the Long-Term Incentive Plan.

As at 30 June 2010

Attributable to equity holders of the Company

Ordinary
share
capital
£ million

Share
premium
account
£ million

Treasury
shares
£ million

Capital
redemption
reserve
£ million

Hedging
reserve
£ million

Foreign
exchange
reserve
(translation)
£ million

Retained
earnings
£ million

Total
equity
£ million

Balance at 1 January 2010

54.7

13.3

(25.8)

0.1

(4.7)

49.7

515.8

603.1

Profit for the period

–

–

–

–

–

–

87.4

87.4

Other comprehensive income:

Fair value losses on foreign currency
cash flow hedge

–

–

–

–

(0.5)

–

–

(0.5)

Transfers from hedging reserve to

property, plant and equipment

–

–

–

–

0.1

–

–

0.1

Fair value losses on interest rate swaps

–

–

–

–

(5.1)

–

–

(5.1)

Currency translation differences

–

–

–

–

–

33.3

–

33.3

Deferred tax on items taken to or
transferred from equity

–

–

–

–

1.4

–

–

1.4

Actuarial losses on retirement benefits
(net of tax)

–

–

–

–

–

–

(1.2)

(1.2)

Total comprehensive income for
the period ended 30 June 2010

–

–

–

–

(4.1)

33.3

86.2

115.4

Transactions with owners:

Purchase of treasury shares (Note (ii))

–

–

(27.2)

–

–

–

–

(27.2)

Credit in respect of employee share awards

–

–

–

–

–

–

10.3

10.3

Issue of ordinary shares to employees
under share option schemes

–

–

3.4

–

–

–

(3.4)

–

Current tax on items taken to or
transferred from equity

–

–

–

–

–

–

1.4

1.4

Deferred tax on items taken to or
transferred from equity

–

–

–

–

–

–

7.7

7.7

New share capital subscribed (Note (i))

0.1

0.9

–

–

–

–

–

1.0

Dividends paid during the period

–

–

–

–

–

–

(22.1)

(22.1)
 

0.1

0.9

(23.8)

–

–

–

(6.1)

(28.9)

Balance at 30 June 2010

54.8

14.2

(49.6)

0.1

(8.8)

83.0

595.9

689.6

(i) During the period 408,998 Ordinary shares of 20 pence each have been issued at prices ranging from £1.17 to £6.46 to satisfy the exercise of options under the Savings-Related Share Option Schemes ('Sharesave') and Executive Share Option Schemes by eligible employees. In addition 213,406 shares were allotted at par to US participants in the Long-Term Incentive Plan.

(ii) During the period 2,286,161 Ordinary shares of 20 pence each were acquired in the open market at prices ranging from £11.52 to £12.41 by the Aggreko Employee Benefit Trust. These shares were acquired using funds provided by Aggreko plc to meet its obligations under the Long-Term Incentive Arrangements.