Group Statement of Recognised
Income and Expense
Download Excel version of the Group Statement of Recognised Income and Expense (25Kb)
| Year ended 31 December | Notes | 2008 £m |
2007 £m |
|
|---|---|---|---|---|
| (Loss)/profit for the year | (144) | 1,507 | ||
| (Losses)/gains on revaluation of available-for-sale financial assets | 30 | (19) | 1 | |
| (Losses)/gains on cash flow hedges | 30 | (318) | 169 | |
| Exchange differences on translation of foreign operations | 30 | (29) | 15 | |
| Actuarial (losses)/gains on defined benefit pension schemes | 34 | (399) | 284 | |
| Tax on items taken directly to equity | 30 | 203 | (120) | |
| Net (expense)/income recognised directly in equity | (562) | 349 | ||
| Transferred to income and expense on cash flow hedges | 30 | (30) | 382 | |
| Transferred to assets and liabilities on cash flow hedges | 30 | 1 | – | |
| Exchange differences transferred to income and expense on disposal of subsidiaries | 30 | – | (4) | |
| Tax on items transferred from equity | 30 | 5 | (128) | |
| Transfers | (24) | 250 | ||
| Total recognised income and expense for the year | (730) | 2,106 | ||
| Total income and expense recognised in the year is attributable to: | ||||
| Equity holders of the parent | (731) | 2,104 | ||
| Minority interests | 1 | 2 | ||
| (730) | 2,106 |
The notes form part of these Financial Statements.