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© Rolls-Royce plc 2007

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Annual report and accounts 2006

Reconciliation of movements in shareholders' funds for the year ended December 31, 2006

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  2006
£m
2005
£m
At January 1 2,976 2,694
Retained profit for the year — 306
Redemption of B Shares (154) (141)
On issue of ordinary shares 69 117
Shares vesting under share-based payments plans (196) —
At December 31 2,695 2,976

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