Loss for the year includes foreign exchange gains on financial instruments. The gain for the year also includes foreign exchange gains of £11m (2007: losses of £268m) arising on conversion of monetary assets and liabilities to functional currencies.
Principal rates of exchange used for translation are:
(Download XLS:)  |
|
|
01.01.08- |
2008 |
01.01.07- |
2007 |
|---|---|---|---|---|
|
United States Dollar |
1.85 |
1.44 |
2.00 |
1.99 |
|
Euro |
1.26 |
1.03 |
1.46 |
1.36 |