Share
capital
£m
Share
premium
account
£m
Own
shares
£m
Other
reserves
£m
Hedging
and
translation
reserves
£m
Retained
earnings
£m
Equity
attributable
to equity
holders of
the parent
£m
Non-
controlling
interests
£m
Total
equity
£m
1 January 201333.1177.1(11.3)141.610.5151.7502.71.4504.1
Net profit for the year73.073.00.173.1
Exchange differences on translation of overseas operations(3.0)(3.0)(0.1)(3.1)
Movements on hedges of net investments(1.3)(1.3)(1.3)
Actuarial losses on defined benefit pension schemes net of deferred tax(0.4)(0.4)(0.4)
Total comprehensive income for the year(4.3)72.668.368.3
Acquired in the year/settlement of share options5.8(5.1)(4.2)(3.5)(3.5)
Share-based payments3.63.63.6
Deferred tax on share-based payment transactions(0.3)(0.3)(0.3)
Dividends paid(24.0)(24.0)(24.0)
Disposed with subsidiary(1.5)1.5
Purchase of non-controlling interests(0.8)(0.8)
31 December 201333.1177.1(5.5)140.14.7197.3546.80.6547.4
Net profit for the year79.479.4(0.1)79.3
Exchange differences on translation of overseas operations(7.0)(7.0)(7.0)
Actuarial gains on defined benefit pension schemes net of deferred tax1.51.51.5
Total comprehensive income for the year(7.0)80.973.9(0.1)73.8
Acquired in the year/settlement of share options(1.6)(5.4)(7.0)(7.0)
Share-based payments1.91.91.9
Dividends paid(45.2)(45.2)(45.2)
Disposal/dissolution of subsidiary(0.7)0.7
31 December 201433.1177.1(7.1)136.6(3.0)233.7570.40.5570.9

Included in other reserves is the capital redemption reserve of £129.8m (2013: £129.8m) and the share-based payments reserve of £5.9m (2013: £9.2m).

The own shares reserve represents the cost of shares in Bodycote plc purchased in the market. At 31 December 2014 1,212,547 (2013: 2,035,618) 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).