Manet plc had the following share capital and reserves as at 1 June 2021:

During the year to 31 May 2022, the company revalued property, plant and equipment upwards by £30 million and made a loss on foreign exchange translation of foreign operations of £5 million. The company made a profit for the year from normal operations of £160 million during the year and the dividend was £80 million.

Required:
Prepare a statement of changes in equity for the year ended 31 May 2022 in accordance with the requirements of IAS 1 Presentation of Financial Statements.

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Share capital (0.25 ordinary shares) Share premium account Revaluation reserve Currency translation reserve Retained earnings Total equity Em 250 50 120 15 380 815