Forward thinking in action

 

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Annual report and accounts 2006

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Summarised consolidated statement of recognised income and expenses – IFRS basis

  2006
£m
2005
£m
Fair value gains, net of transfers to income statement 210 314
Actuarial (losses) on pension schemes (114) (545)
Foreign exchange rate and other movements (346) (2)
Aggregate tax effect (5) 275
Net (expense)/income recognised directly in equity (255) 42
Profit after tax attributable to shareholders 2,389 1,898
Total recognised income and expense for the year 2,134 1,940