Statements of recognised income and expense
for the year ended 31 December 2006
| Group | Company | |||||
| 2006 £m |
2005 £m |
2004 £m |
2006 £m |
2005 £m |
2004 £m |
|
| Available-for-sale investments | ||||||
| Net valuation gains taken direct to equity | 4,792 | 35 | — | — | ||
| Net profit taken to income on sales | (313) | (582) | — | — | ||
| Cash flow hedges | ||||||
| Net (losses)/gains taken direct to equity | (109) | 18 | — | — | ||
| Net (gains)/losses taken to earnings | (140) | (85) | 3 | 6 | ||
| Exchange differences on translation of foreign operations | (1,681) | 842 | (606) | — | — | — |
| Actuarial gains/(losses) on defined benefit plans | 1,781 | (799) | (1,601) | — | — | — |
| Other movements | — | — | — | — | — | (1) |
| Income/(expense) before tax on items recognised direct in equity | 4,330 | (571) | (2,207) | 3 | 6 | (1) |
| Tax on items recognised direct in equity | (1,173) | 478 | 465 | (1) | (2) | — |
| Net income/(expense) recognised direct in equity | 3,157 | (93) | (1,742) | 2 | 4 | (1) |
| Profit for the year | 6,497 | 5,558 | 5,289 | 3,499 | 2,074 | 2,874 |
| Total recognised income and expense for the year | 9,654 | 5,465 | 3,547 | 3,501 | 2,078 | 2,873 |
| Attributable to: | ||||||
| Equity shareholders | 7,707 | 5,355 | 3,558 | 3,501 | 2,078 | 2,873 |
| Minority interests | 1,947 | 110 | (11) | — | — | — |
| 9,654 | 5,465 | 3,547 | 3,501 | 2,078 | 2,873 | |
| Effect of changes in accounting policies on implementation of IFRS | ||||||
| Equity shareholders | — | (1,843) | 1,243 | — | (16,759) | (15,798) |
| Minority interests | — | (2,878) | (321) | — | — | — |
| — | (4,721) | 922 | — | (16,759) | (15,798) | |
© 2007