For the year ended 31 December 2008

Notes 2008
£ million
2007
£ million
Profit for the year 122.7 80.7
Actuarial losses on retirement benefits 24 (4.0) (0.1)
Movement in deferred tax on pension liability 9 1.1 -
Cashflow hedges (net of deferred tax) 24 (21.7) (4.6)
Net exchange gains offset in reserves 24 99.0 5.6
Total recognised income for the financial year 197.1 81.6

The notes form part of these Accounts.


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