Consolidated statement of total recognised gains and losses
For the year ended 31 December 2004
| 2004 £m |
2003 £m |
|
|---|---|---|
| Profit for the financial year* | 1,057 | 949 |
| Foreign exchange gains | 28 | 329 |
| Total recognised gains arising in the year | 1,085 | 1,278 |
| * Stated before the effect of foreign exchange movements, which are reported within the foreign exchange line. | ||
