Summarised consolidated statement of recognised income and expense - IFRS basis
For the six months ended 30 June 2005
| 6 months 2005 £m |
6 months 2004 £m |
Full year 2004 £m |
|
|---|---|---|---|
| Fair value gains/(losses), net of transfers to the income statement | 1 | (38) | 151 |
| Actuarial (losses)/gains on pension schemes | (46) | 18 | (145) |
| Foreign exchange rate movements | (265) | (230) | 59 |
| Aggregate tax effect – shareholder tax | 18 | 41 | (15) |
| Net (expense)/income recognised directly in equity | (292) | (209) | 50 |
| Profit for the period* | 817 | 269 | 1,371 |
| Total recognised income and expense for the period | 525 | 60 | 1,421 |
| * Stated before the effect of foreign exchange rate movements, which are reported within the foreign exchange rate movements line. | |||
Summarised consolidated statement of changes in equity – IFRS basis
For the six months ended 30 June 2005
| 6 months 2005 £m |
6 months 2004 £m |
Full year 2004 £m |
|
|---|---|---|---|
| Balance at 1 January | 8,993 | 7,024 | 7,024 |
| Total recognised income and expense for the period | 525 | 60 | 1,421 |
| Dividends and appropriations (note 14) | (373) | (351) | (570) |
| Movement in shares held by employee trusts | - | 1 | 1 |
| Issue of share capital for the acquisition of RAC | 530 | - | - |
| Other issue of share capital | 27 | 23 | 25 |
| Shares issued in lieu of dividends | 12 | - | 103 |
| Issue of direct capital instrument, net of transaction costs of £9 million | - | - | 981 |
| Capital contributions from minority shareholders | 93 | - | 4 |
| Minority share of dividends declared in the period | (36) | (41) | (41) |
| Minority interest in acquired subsidiaries | - | - | 45 |
| Total equity | 9,771 | 6,716 | 8,993 |
| Minority interests | (988) | (767) | (910) |
| Balance at 30 June/31 December | 8,783 | 5,949 | 8,083 |
