b'Mercia Asset Management PLC83Annual Report and Accounts 2021Consolidated statement of changes in equityFor the year ended 31 March 2021other issuedsharedistributableshare-based share capitalpremiumreserveretainedpayments (note 26)(note 27)(note 28)earningsreservetotal 000 000 000 000 000 000as at 1 april 2019 3 49,324 70,000 5,401 1,337 126,065Loss and total comprehensive loss for the year(17,454)(17,454)Issue of share capital 1 34,19934,200Cost of share capital issued(1,879)(1,879)Share-based payments charge 528 528as at 31 March 2020 4 81,644 70,000 (12,053) 1,865 141,460Profit and total comprehensive income for the year34,45834,458dividend paid (440) (440)share-based payments charge 543 543as at 31 March 2021 4 81,644 69,560 22,405 2,408 176,021Strategic report GovernanceFinancial statements'