Profit for the year includes foreign exchange gains on financial instruments. The gain for the year also includes foreign exchange losses of £10m (2008: gains of £11m) arising on conversion of monetary assets and liabilities to functional currencies.
Principal rates of exchange used for translation are:
| (Download XLS:) |
|
|
01.01.09- |
2009 |
01.01.08- |
2008 |
|---|---|---|---|---|
|
US Dollar |
1.57 |
1.62 |
1.85 |
1.44 |
|
Euro |
1.12 |
1.13 |
1.26 |
1.03 |

