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At a Glance
Financial Highlights
Chairman’s Statement
Group Business Review
Directors’ Report
Report of the Audit Committee
Board Report on Remuneration
Board of Directors and Advisors
Independent Auditors’ Report – Group Financial Statements
Consolidated Income Statement
Consolidated Balance Sheet
Consolidated Cash Flow Statement
Consolidated Statement of Recognised Income and Expense
Group Accounting Policies
Notes to the Group Financial Statements
Five Year Summary
Company Balance Sheet
Independent Auditors’ Report – Company Financial Statements
Company Accounting Policies
Notes to the Company Financial Statements
Principal Subsidiary Undertakings
Financial Calendar and Shareholder Information
Consolidated Statement of Recognised Income and Expense
for the year ended 31 December 2007
2007
2006
£m
£m
Exchange differences on translation of foreign operations
12.5
(6.7)
Actuarial gains/(losses) on defined benefit pension schemes
4.7
(3.7)
Tax on items taken directly to equity
(3.1)
1.6
Net income/(loss) recognised directly in equity
14.1
(8.8)
Profit for the year
53.8
43.9
Recognised income for the year
67.9
35.1
Attributable to:
Equity holders of the parent
66.9
34.3
Minority interests
1.0
0.8
67.9
35.1