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Group statement of recognised income and expense
Year ended 31 July 2007
| Notes | 2007 £m |
2006 £m |
|
|---|---|---|---|
| Profit for the financial year | 474 | 537 | |
| Net exchange adjustments offset in reserves | 30 | (132) | (124) |
| Cash flow hedges | |||
| – fair value gains and losses | 2 | 14 | |
| – reclassified and reported in net profit for the year | (1) | (1) | |
| Actuarial gains on retirement benefits | 70 | 7 | |
| Change in fair value of available-for-sale investments | (5) | (7) | |
| Tax charge not recognised in the income statement | 6 | (17) | (13) |
| Net losses not recognised in the income statement | (83) | (124) | |
| Total recognised income for the year attributable to shareholders | 391 | 413 |
The accompanying notes are an integral part of these consolidated financial statements.