Reconciliations of movements in shareholders’ funds
for the year ended December 31, 2004
| Group | Company | ||||
|---|---|---|---|---|---|
| 2004 £m | Restated 2003 £m | 2004 £m | 2003 £m | ||
| At January 1 (as previously reported) | 2,141 | 2,035 | 2,101 | — | |
| Prior year adjustment (see Accounting policies) | (1) | (3) | — | — | |
| At January 1, (restated) | 2,140 | 2,032 | 2,101 | — | |
| Group reorganisation | — | — | — | 2,153 | |
| Total recognised gains for the year | 166 | 113 | 601 | — | |
| Ordinary dividends (net of scrip dividend adjustments) | (7) | (8) | (7) | (53) | |
| New ordinary share capital issued (net of expenses) | 4 | 1 | 4 | 1 | |
| Goodwill transferred to the profit and loss account in respect of disposals of businesses | 2 | — | — | — | |
| Relating to own shares | (2) | 2 | — | — | |
| At December 31 | 2,303 | 2,140 | 2,699 | 2,101 |