Logo - Legal & General

optimised printing

Consolidated Statement of Recognised Income and Expense

For the year ended 31 December 2008

 

Notes

2008
£m

2007
£m

Exchange differences on translation of overseas operations

 

139

4

Actuarial gains/(losses) on defined benefit pension schemes

39

18

(40)

Actuarial (gains)/losses on defined benefit pension schemes transferred to unallocated divisible surplus

35

(8)

16

Net change in financial investments designated as available-for-sale

28

(56)

1

Income/(expense) recognised directly in equity, net of tax

 

93

(19)

(Loss)/profit from ordinary activities after income tax

 

(1,130)

718

Total recognised income and expense

 

(1,037)

699

 

 

 

 

Attributable to:

 

 

 

Minority interests

31

(63)

(6)

Equity holders of the Company

 

(974)

705