| Share
capital
£m | Share
premium
account
£m | Own
shares
£m | Other
reserves
£m | Translation
reserves
£m | Retained
earnings
£m | Equity
attributable
to equity
holders of
the parent
£m | Non-
controlling
interests
£m | Total
equity
£m |
| 1 January 2017 | 33.1 | 177.1 | (8.0) | 133.9 | 57.5 | 234.3 | 627.9 | 0.4 | 628.3 |
| Net profit for the year | – | – | – | – | – | 97.1 | 97.1 | 0.2 | 97.3 |
| Exchange differences on translation of overseas operations | – | – | – | – | (11.6) | – | (11.6) | (0.1) | (11.7) |
| Actuarial losses on defined benefit pension schemes net of deferred tax | – | – | – | – | – | 5.7 | 5.7 | – | 5.7 |
| Total comprehensive income for the year | – | – | – | – | (11.6) | 102.8 | 91.2 | 0.1 | 91.3 |
| Acquired in the year/settlement of share options | – | – | 0.8 | (0.7) | – | – | 0.1 | – | 0.1 |
| Share-based payments | – | – | – | 7.8 | – | – | 7.8 | – | 7.8 |
| Deferred tax on share-based payment transactions | – | – | – | – | – | 0.6 | 0.6 | – | 0.6 |
| Dividends paid | – | – | – | – | – | (30.6) | (30.6) | – | (30.6) |
| 31 December 2017 | 33.1 | 177.1 | (7.2) | 141.0 | 45.9 | 307.1 | 697.0 | 0.5 | 697.5 |
| Net profit for the year | – | – | – | – | – | 103.2 | 103.2 | 0.4 | 103.6 |
| Exchange differences on translation of overseas operations | – | – | – | – | 16.0 | – | 16.0 | (0.2) | 15.8 |
| Actuarial gains on defined benefit pension schemes net of deferred tax | – | – | – | – | – | (1.3) | (1.3) | – | (1.3) |
| Total comprehensive income for the year | – | – | – | – | 16.0 | 101.9 | 117.9 | 0.2 | 118.1 |
| Return of capital to shareholders and redemption of B shares | – | – | – | – | – | (0.2) | (0.2) | – | (0.2) |
| Acquired in the year/settlement of share options | – | – | (7.6) | (3.4) | – | 0.4 | (10.6) | – | (10.6) |
| Share-based payments | – | – | – | 3.8 | – | – | 3.8 | – | 3.8 |
| Deferred tax on share-based payment transactions | – | – | – | – | – | (0.2) | (0.2) | – | (0.2) |
| Dividends paid | – | – | – | – | – | (81.8) | (81.8) | – | (81.8) |
| 31 January 2018 | 33.1 | 177.1 | (14.8) | 141.4 | 61.9 | 327.2 | 725.9 | 0.7 | 726.6 |
Included in other reserves is the capital redemption reserve of £129.8m (2017: £129.8m) and the share-based payments reserve of £10.8m (2017: £10.4m).
The own shares reserve represents the cost of shares in Bodycote plc purchased in the market. At 31 December 2018, 1,839,860 (2017: 1,171,190) ordinary shares of 17 3/11p each were held by the Bodycote International Employee Benefit Trust to satisfy share-based payments under the Group's incentive schemes (see note 27).