Statement of recognised income and expense
For the year ended 12 January 2008 (unaudited)
All amounts are stated in £m unless otherwise indicated
| 2007 | General insurance |
Banking | Other shareholder | Total shareholder return before significant items | Significant items | Total shareholder return | Long-term business |
|---|---|---|---|---|---|---|---|
| Retirement benefit obligations - actuarial gains and losses | - | (0.3) | - | (0.3) | - | (0.3) | - |
| Changes in available for sale investments | 11.0 | 3.1 | - | 14.1 | - | 14.1 | - |
| Changes in cash flow hedges | - | 28.3 | 15.5 | 43.8 | - | 43.8 | - |
| Revaluation of self occupied properties | - | - | - | - | - | - | (3.1) |
| Tax on items taken directly to equity | (3.4) | (9.4) | (4.8) | (17.6) | - | (17.6) | 0.3 |
| 7.6 | 21.7 | 10.7 | 40.0 | - | 40.0 | 2.8 | |
| Attributable to policy holders | - | - | - | - | - | - | (2.8) |
| Attributable to minority interests | - | (0.7) | - | (0.7) | - | (0.7) | - |
| Net income recognised directly in equity | 7.6 | 21.0 | 10.7 | 39.3 | - | 39.3 | - |
| Profit for the year | 46.9 | 29.8 | 42.0 | 118.7 | (47.3) | 71.4 | - |
| Total recognised income and expense | 54.5 | 50.8 | 52.7 | 158.0 | (47.3) | 110.7 | - |
| 2006 | General insurance |
Banking | Other shareholder | Total shareholder return before significant items | Significant items | Total shareholder return | Long-term business |
|---|---|---|---|---|---|---|---|
| Retirement benefit obligations - actuarial gains and losses | (46.4) | (19.5) | - | (65.9) | - | (65.9) | (45.8) |
| Changes in available for sale investments | (39.5) | (9.3) | - | (48.8) | - | (48.8) | - |
| Changes in cash flow hedges | - | (41.7) | - | (41.7) | - | (41.7) | - |
| Revaluation of self occupied properties | - | - | - | - | - | - | 4.1 |
| Tax on items taken directly to equity | 25.8 | 21.3 | - | 47.1 | - | 47.1 | 6.3 |
| (60.1) | (49.2) | - | (109.3) | - | (109.3) | (35.4) | |
| Attributable to policy holders | - | - | - | - | - | - | 35.4 |
| Attributable to minority interests | - | 1.1 | - | 1.1 | - | 1.1 | - |
| Net income recognised directly in equity | (60.1) | (48.1) | - | (108.2) | - | (108.2) | - |
| Profit for the year | 22.1 | 48.3 | 33.6 | 104.0 | 69.4 | 173.4 | - |
| Total recognised income and expense | (38.0) | 0.2 | 33.6 | (4.2) | 69.4 | 65.2 | - |
The financial statements of the parent company and individual subsidiary companies are available from New Century House, Manchester, M60 4ES.
Copyright © 2008 Cooperative Financial Services
