GROUP STATEMENT OF RECOGNISED INCOME AND EXPENSE
For the Year Ended 31 December 2006
| 2006 £m |
2005 £m |
|
|---|---|---|
| Income and expense recognised directly in equity | ||
| Exchange differences on retranslation of foreign operations | (55.3) | 50.3 |
| Exchange differences on retranslation of foreign currency borrowings | 46.8 | (45.5) |
| Actuarial gains/(losses) on defined benefit pension plans | 20.6 | (32.0) |
| (Loss)/gain on cash flow hedges taken to equity | (12.1) | 14.5 |
| – | (12.7) | |
| Transfers to the income statement | ||
| Exchange differences on disposal of foreign operations | – | 1.5 |
| On cash flow hedges | 1.6 | (9.4) |
| 1.6 | (7.9) | |
| Tax on exchange differences on retranslation of foreign operations | (1.3) | 7.1 |
| Tax on share-based payments | 2.4 | 1.4 |
| Deferred tax on actuarial (gains)/losses | (6.2) | 9.0 |
| Deferred tax on cash flow hedges | 3.7 | (1.4) |
| Tax on items taken directly to or transferred from equity | (1.4) | 16.1 |
| Net losses recognised directly in equity | 0.2 | (4.5) |
| Profit/(loss) for the financial year | 76.5 | (2.8) |
| Profit attributable to minority interests | 0.8 | 0.1 |
| Total recognised income/(expense) for the year | 77.5 | (7.2) |
| Income/(expense) attributable to equity shareholders | 76.7 | (7.3) |
| Income attributable to minority interests | 0.8 | 0.1 |
| 77.5 | (7.2) | |
| Effects of changes in accounting policy: | ||
| Equity shareholders: | ||
| Net loss on hedges on first-time adoption of IAS 39 | – | (18.4) |
| Tax recognised on hedges on first-time adoption of IAS 39 | – | 5.6 |
| – | (12.8) |
