Consolidated statement of total recognised gains and losses - EEV basis
For the year ended 31 December 2004
2004 £m |
Restated* 2003 £m |
||
|---|---|---|---|
| Profit for the financial year** | 1,400 | 1,593 | |
| Foreign exchange gains | 104 | 415 | |
| Total recognised gains arising in the year | 1,504 | 2,008 | |
| * Restated for the effect of implementing European Embedded Value principles. | |||
| ** Stated before the effect of foreign exchange movements, which are reported within the foreign exchange line. | |||