Other Consolidated Primary Statements
for the six months ended 30 September 2005
| Year ended† 31 March 2005 £m |
|
2005 Unaudited £m |
2004 Unaudited £m |
|---|---|---|---|
| Consolidated Statement of Recognised Income and Expense | |||
| 654 | Profit on ordinary activities after taxation | 615 | 372 |
| Valuation movements | |||
| 12 | - on development properties | 17 | 3 |
| (15) | - on foreign currency derivatives | 10 | |
| - on cash flow hedges | |||
| (10) | British Land Group | (57) | (3) |
| 3 | Share of funds and joint ventures | (7) | 5 |
| (4) | Actuarial gains (losses) on defined benefit pension schemes | ||
| 6 | Tax on items taken directly to equity | 5 | (1) |
| (8) | Net (loss) gain recognised directly in equity | (32) | 4 |
| Transferred to the income statement | |||
| 5 | - foreign currency derivatives | (12) | (3) |
| 10 | - cash flow hedges | 4 | 5 |
| 15 | Transfers | (8) | 2 |
| 661 | Total recognised income and expense for the period | 575 | 378 |
| Year ended† 31March 2005 £m |
|
Note |
2005 Unaudited £m |
2004 Unaudited £m |
|---|---|---|---|---|
| Reconciliation of Movements in Shareholders’ Funds | ||||
| Opening equity shareholders' funds | ||||
| 4,669 | - as previously reported | 4,783 | 4,669 | |
| (568) | - effect of adopting IFRS | (568) | ||
| 4,101 | Opening equity shareholders' funds as restated | 4,783 | 4,101 | |
| 102 | Shares issued | 3 | 101 | |
| (11) | Purchase of ESOP shares | (9) | (8) | |
| 7 | Adjustment for share and share option awards | 4 | 4 | |
| 4,199 | 4,781 | 4,198 | ||
| 661 | Total recognised income and expense for the period | 575 | 378 | |
| (77) | Dividend paid in period | 7 | (57) | (52) |
| 4,783 | Closing equity shareholders' funds | 5,299 | 4,524 | |
- † Unaudited, restated under IFRS
