Accounts
Group Statement of Total Recognised Gains and Losses for the years ended 31 March
| |
2005 £m |
2004 (restated)(i) £m |
2003 (restated)(i) £m |
|---|---|---|---|
| Profit for the year | 908 | 1,074 | 351 |
| Exchange adjustments | (73) | (417) | (322) |
| Tax on exchange adjustments | – | (12) | 12 |
| Unrealised gain on transfer of fixed assets to a joint venture (net of tax) | – | – | 6 |
| Total recognised gains and losses relating to the year | 835 | 645 | 47 |
| Prior year adjustment (i) | (140) | ||
| Total recognised gains and losses since last annual report | 695 |
| (i) | During the year ended 31 March 2005, the Group adopted FRS 20 ‘Share-based Payment’ – see note 1. |
|---|
The notes form part of the Accounts.

