Preliminary results - 12 months ended 31 December 2005
Reconciliation of movements in consolidated shareholders’ funds – IFRS basis
For the year ended 31 December 2005
| 2005 £m |
2004 £m |
|
|---|---|---|
| Balance at 1 January | 8,993 | 7,024 |
| Total recognised income and expense for the year | 1,962 | 1,421 |
| Dividends and appropriations (note 15) | (657) | (570) |
| Issue of share capital for the acquisition of RAC plc | 530 | - |
| Other issues of share capital, net of transaction costs | 59 | 25 |
| Shares issued in lieu of dividends | 100 | 103 |
| Issue of direct capital instrument, net of transaction costs of £9 million | - | 981 |
| Capital contributions from minority shareholders | 212 | 4 |
| Minority share of dividends declared in the year | (70) | (41) |
| Minority interest in (disposed)/acquired subsidiaries | (36) | 45 |
| Movement in shares held by employee trusts | - | 1 |
| Other movements | (1) | - |
| Total equity | 11,092 | 8,993 |
| Minority interests | (1,128) | (910) |
| Balance at 31 December | 9,964 | 8,083 |
