|
Consolidated Statement of Total Recognised Gains and Losses (for the year ended 31 December 1997) | |||||||||||||||||
|
Year ended 31.12.97 £m |
Period ended 31.12.96 £m
Profit for the financial year/period
|
1,090.8
|
539.5
|
Foreign currency translation differences on subsidiary undertaking
|
(4.4)
|
(6.5)
|
Total recognised gains and losses relating to the year/period
|
1,086.4
|
533.0
| Note of Consolidated Historical Cost Profits and Losses (for the year ended 31 December 1997) There is no difference between the Group's results as disclosed in the consolidated profit and loss account and the results on an unmodified historical cost basis for the year under review and the comparative period. | |||||||
Reconciliation of Movements in Shareholders' Funds | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Group |
Company
|
Year ended | 31.12.97 £m
Period ended | 31.12.96 £m
Year ended | 31.12.97 £m
Period ended | 31.12.96 £m
Profit for the financial year/period
|
1,090.8
|
539.5
|
886.4
|
486.2
|
Dividends
|
(440.9)
|
-
|
(440.9)
|
-
|
|
649.9
|
539.5
|
445.5
|
486.2
|
Foreign currency translation differences on subsidiaryundertaking
|
(4.4)
|
(6.5)
|
-
|
-
|
Payment of statutory cash bonus
|
(14.9)
|
-
|
(14.9)
|
-
|
Excess contribution on transfer of long term assurance business
|
(20.7)
|
(146.0)
|
-
|
-
|
Goodwill written off
|
-
|
(15.8)
|
-
|
-
|
Net addition to shareholders’ funds
|
609.9
|
371.2
|
430.6
|
486.2
|
Opening shareholders’ funds
|
6,605.5
|
6,234.3
|
6,727.3
|
6,241.1
|
Closing shareholders’ funds
|
7,215.4
|
6,605.5
|
7,157.9
|
6,727.3
| The notes in Section 17 form part of these financial statements. | |||||||||||||||||||