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Group Company
Note 52 weeks
ended
28 June
2020
£m
52 weeks
ended
30 June
2019
£m
52 weeks
ended
28 June
2020
£m
52 weeks
ended
30 June
2019
£m
Profit for the year 113 329
2 486
Other comprehensive income/(expense) for the year 1 (6)
1 (6)
Total comprehensive income relating to the year (net) 114 323
3 480
Dividend paid 5, 19 (72) (218)
(72) (218)
Movement in LTIP/SAYE 19 (1) (3)
- -
Net increase/(decrease) in equity 41 102
(69) 262
Opening equity 1,585 1,483
1,011 749
Closing equity 1,626 1,585
942 1,011

The above items are presented net of tax where appropriate. See note 4 and note 12 for information on income tax and deferred tax expense.

As permitted by Section 408 of the Companies Act 2006, the Income Statement of Redrow plc is not presented as a part of these financial statements.

The consolidated profit on ordinary activities after taxation for the financial year, excluding intra-Group dividends, is made up as follows:

2020
£m
2019
£m
Holding company 2 (14)
Subsidiary companies 111 343
113 329

The accompanying notes form an integral part of the financial statements

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