RBS 2005 Annual Report Download - page 149

section
03
Financial
statements
147
Statements of recognised income and expense
Annual Report and Accounts 2005
Statements of recognised income and expense
for the year ended 31 December 2005
Group Company
2005 2004 2005 2004
Note £m £m £m £m
Available-for-sale investments
Net valuation gains taken direct to equity 35 —
Net profit taken to income on sales (582) —
Cash flow hedges
Net (losses)/gains taken direct to equity (67) 6
Exchange differences on translation of foreign operations 842 (606) ——
Actuarial losses on defined benefit plans (799) (1,601) ——
Other movements — ——(1)
(Expense)/income before tax on items recognised direct in equity (571) (2,207) 6(1)
Tax on items recognised direct in equity 478 465 (2) —
Net (expense)/income recognised direct in equity (93) (1,742) 4(1)
Profit for the year 5,558 5,289 2,074 2,874
Total recognised income and expense for the year 5,465 3,547 2,078 2,873
Attributable to:
Equity holders of the parent 5,355 3,558 2,078 2,873
Minority interests 110 (11) ——
5,465 3,547 2,078 2,873
Effect of changes in accounting policies on the implementation of IFRS
Equity holders of the parent (1,843) 1,243 (16,759) (15,798)
Minority interests (2,878) (321) ——
(4,721) 922 (16,759) (15,798)