b'Mercia Asset Management PLC111Annual Report and Accounts 2021Company statement of changes in equityFor the year ended 31 March 2021issued other share share distributableshare-basedcapital premium reserve retainedpayments(note 44) (note 44) (note 45) earnings reserve total000 000 000 000 000 000As at 1 April 2019 3 49,324 70,000 (3,564) 1,337 117,100Total comprehensive income for the year3,6623,662Issue of share capital 1 34,19934,200Share-based payments charge 528 528Cost of share capital issued(1,879)(1,879)as at 31 March 2020 4 81,644 70,000 98 1,865 153,611total comprehensive income for the year1,8791,879dividends paid (440) (440)share-based payments charge 543 543as at 31 March 2021 4 81,644 69,560 1,977 2,408 155,593Strategic report GovernanceFinancial statements'