Annual Report and Accounts 2006

Consolidated Statement of Recognised Income and Expense

 

For the year ended 31 December 2006
  2006
£m
2005
£m 
Fair value losses on cash flow hedges (3)
Exchange differences on translation of overseas operations (41) 22
Actuarial gains/(losses) on defined benefit pension schemes 3 (55)
Actuarial (gains)/losses on defined benefit pension schemes transferred to unallocated divisible surplus (1) 22
Expense recognised directly in equity, net of tax (42) (11)
Profit from ordinary activities after tax 1,446 1,225
Total recognised income and expense 1,404 1,214
Attributable to:
Minority interests 67 81
Equity holders of the Company 1,337 1,133

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