| 2006 £m |
2005 £m |
|
|---|---|---|
| 1 Loss on investment hedge relating to foreign subsidiaries £nil (2005 £26m loss). | ||
| Foreign exchange translation differences from foreign operations 1 | (75) | 49 |
| Actuarial gains/(losses) | 602 | (282) |
| Transfers from transition hedging reserve | (289) | (462) |
| Transfers from cash flow hedging reserve | — | 3 |
| Related tax movements | (91) | 222 |
| Net income/(expense) recognised directly in equity | 147 | (470) |
| Profit for the year | 994 | 347 |
| Total recognised income and expense for the year | 1,141 | (123) |
| Attributable to: | ||
| Equity holders of the parent | 1,145 | (120) |
| Minority interests | (4) | (3) |
| Total recognised income and expense for the year | 1,141 | (123) |