Hargreaves-Lansdown Report and Financial Statements 2021 (175/188)

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Five-year summary (183/188)Hargreaves-Lansdown Report and Financial Statements 2021 - Glossary of alternative financial performance measures (184/188)Hargreaves-Lansdown Report and Financial Statements 2021 - (185/188)Hargreaves-Lansdown Report and Financial Statements 2021 - Glossary of terms (186/188)Hargreaves-Lansdown Report and Financial Statements 2021 - (187/188)Hargreaves-Lansdown Report and Financial Statements 2021 - (188/188) Strategic report Governance Financial statements Other information SECTION 6: COMPANY FINANCIAL STATEMENTS PARENT COMPANY STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 30 JUNE 2021 Share capital Retained earnings Total equity £m £m £m At 1 July 2019 1.9 272.4 274.3 Profit and total comprehensive income – 214.2 214.2 Increase in investment in subsidiaries – 3.6 3.6 Dividend paid – (203.3) (203.3) At 30 June 2020 1.9 286.9 288.8 Profit and total comprehensive income – 197.2 197.2 Increase in investment in subsidiaries – 4.5 4.5 Dividend paid – (263.5) (263.5) At 30 June 2021 1.9 225.1 227.0 Details of the Company’s dividends are as set out in note 3.2 to the consolidated financial statements. PARENT COMPANY STATEMENT OF CASH FLOWS Year ended Year ended 30 June 2021 30 June 2020 Note £m £m Net cash from operating activities Cash generated from operations 6.9 169.3 239.1 Net cash from operating activities 169.3 239.1 Investing activities Decrease / (Increase) in term deposits 170.0 (15.0) Purchase of investment in subsidiary (6.0) (6.0) Proceeds on disposal of subsidiary 6.5 – 48.8 Net cash from / (used) in investing activities 164.0 27.8 Financing activities Dividends paid to owners of the parent (263.5) (203.3) Net cash used in financing activities (263.5) (203.3) Net increase in cash and cash equivalents 69.8 63.6 Cash and cash equivalents at beginning of year 6.7 86.1 22.5 Cash and cash equivalents at end of year 6.7 155.9 86.1 173 Hargreaves Lansdown Report and Financial Statements 2021