Annual Report and Accounts 2007

Financial Statements

Consolidated statement of recognised income and expense

For the year ended 31 December 2007

  Equity holders of the parent (ordinary shares)
£m
Equity holders of the parent (STICS)
£m
Total equity holders of the parent
£m
Minority interest
£m
Total
£m
Actuarial gains on defined benefit schemes net of tax (i) 27 - 27 3 30
Foreign exchange adjustments 43 - 43 8 51
Revaluation of owner occupied properties - - - - -
Shadow accounting - - - - -
Net income recognised directly in equity 70 - 70 11 81
(Loss)/profit for the year (108) 52 (56) (14) (70)
Total recognised income and expense for the year (38) 52 14 (3) 11


For the year ended 31 December 2006

  Equity holders of the parent (ordinary shares)
£m
Equity holders of the parent (STICS)
£m
Total equity holders of the parent
£m
Minority interest
£m
Total
£m
Actuarial (losses)/gains on defined benefit schemes net of tax (i) (8) - (8) 1 (7)
Foreign exchange adjustments (10) - (10) (2) (12)
Revaluation of owner occupied properties 6 - 6 - 6
Shadow accounting (6) - (6) - (6)
Net income recognised directly in equity (18) - (18) (1) (19)
Profit for the year 276 52 328 93 421
Total recognised income and expense for the year 258 52 310 92 402
  1. Tax recognised directly in equity is shown in note 13(c).