Preliminary results - 12 months ended 31 December 2005
Summarised consolidated statement of recognised income and expense – EEV basis
For the year ended 31 December 2005
| 2005 £m |
2004 £m |
||
|---|---|---|---|
| Fair value gains on AFS securities and owner-occupied properties, net of transfers to the income statement | 61 | 130 | |
| Acturial losses on pension schemes | (547) | (145) | |
| Foreign exchange rate movements | (44) | 119 | |
| Reserves credit for equity compensation plans | 22 | 21 | |
| Aggregate tax effect – shareholder tax | 224 | (15) | |
| Net income recognised directly in equity | (284) | 110 | |
| Profit for the year* | 3,682 | 1,819 | |
| Total recognised income and expense for the year | 3,398 | 1,929 | |
| * Stated before the effect of foreign exchange rate movements, which are reported within the foreign exchange rate movements line. | |||