Consolidated statement of total recognised gains and losses - For the six months ended 30 June 2004

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  6 months
2004
Restated*
6 months
2003
Full year
2003
  £m £m £m
       
Profit for the financial period 224 501 949
Foreign exchange (losses)/gains (208) 350 329
       
Total recognised gains arising in the period 16 851 1,278
* Restated for the effect of a change in accounting policy in respect of internally-generated additional value of in-force long-term business no longer recognised. Further details are set out in the notes.

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