Consolidated statement of recognised income and expense

for the years ended 31 March

	Notes	2008 £m	2007 £m	2006 £m
Exchange adjustments		(25)	(179)	141
Actuarial net gain	5	432	365	181
Net (losses)/gains taken to equity in respect of cash flow hedges		(32)	47	(12)
Transferred to profit or loss on cash flow hedges		(7)	(45)	(20)
Net gains/(losses) taken to equity on available-for-sale investments		6	(3)	4
Transferred to profit or loss on sale of available-for-sale investments		–	(1)	(1)
Tax on items taken directly to or transferred from equity	7	(94)	(81)	(43)
Net income recognised directly in equity		280	103	250
Profit for the year		3,199	1,396	3,850
Total recognised income and expense for the year		3,479	1,499	4,100
Attributable to:
Equity shareholders of the parent		3,476	1,498	4,097
Minority interests		3	1	3
		3,479	1,499	4,100