Profit for the year includes foreign exchange gains on financial instruments. The gain for the year also includes foreign exchange losses of £8m (2009: losses of £10m) arising on conversion of monetary assets and liabilities to functional currencies.
Principal rates of exchange used for translation are:
(Download XLS:)  |
|
|
01.01.10- |
2010 |
01.01.09- |
2009 |
|---|---|---|---|---|
|
United States Dollar |
1.55 |
1.57 |
1.57 |
1.62 |
|
Euro |
1.17 |
1.17 |
1.12 |
1.13 |
