Bryant plc reports the following information for 2022: sales revenue £750,000, cost of goods sold £500,000, operating expenses £80,000, and an unrealized holding loss on non-trading equity securities for 2022 of £50,000. It declared and paid a cash dividend of £10,000 in 2022.

Bryant plc has January 1, 2022, balances in share capital—ordinary £350,000, accumulated other comprehensive income related to the unrealized holding gain of £80,000, and retained earnings £90,000. It issued no ordinary shares during 2022. Ignore income taxes.

Instructions

Prepare a statement of changes in equity.