Manet plc had the following share capital and reserves as at 1 June 2021: During the year
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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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Related Book For 
Accounting And Finance An Introduction
ISBN: 9781292435527
11th Edition
Authors: Eddie McLaney, Peter Atrill
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