Statements of recognised income and expense

for the year ended 31 December 2007

Group Company
2007
£m		 2006
£m		 2005
£m		 2007
£m		 2006
£m		 2005
£m
Available-for-sale investments
Net valuation (losses)/gains taken direct to equity (776) 4,792 35 – – –
Net profit taken to income on sales (513) (313) (582) – – –
               
Cash flow hedges
Net (losses)/gains taken direct to equity (426) (109) 18 – – –
Net (gains)/losses taken to earnings (138) (140) (85) 3 3 6
               
Exchange differences on translation of foreign operations 2,210 (1,681) 842 – – –
Actuarial gains/(losses) on defined benefit plans 2,189 1,781 (799) – – –
Income/(expense) before tax on items recognised direct in equity 2,546 4,330 (571) 3 3 6
Tax on items recognised direct in equity (170) (1,173) 478 (1) (1) (2)
Net income/(expense) recognised direct in equity 2,376 3,157 (93) 2 2 4
Profit for the year 7,712 6,497 5,558 2,499 3,499 2,074
Total recognised income and expense for the year 10,088 9,654 5,465 2,501 3,501 2,078
               
Attributable to:
Equity owners 8,610 7,707 5,355 2,501 3,501 2,078
Minority interests 1,478 1,947 110 – – –
10,088 9,654 5,465 2,501 3,501 2,078