Manet plc had the following share capital and reserves as at 30 June 2006:

£m Share capital (£0.25 ordinary shares) 250 Share premium account 50 Revaluation reserve 120 Currency translation reserve 15 Retained earnings 380 Total equity 815 During the year to 30 June 2007, the company revalued its freehold land upwards by £30m and made a loss on foreign exchange translation of £5m. The company made a profit after tax from operations of £160m during the year and the dividend payout was 50% of the profit available to shareholders.

Required:

Prepare a statement of changes in equity in accordance with the requirements of IAS 1 Presentation of Financial Statements.