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Punch Taverns plc 2007 Annual Report and Financial Statements

Punch Taverns plc 2007 Annual Report and Financial Statements

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Company statement of recognised<br />

income <strong>and</strong> expense<br />

for the 52 weeks ended 18 August <strong>2007</strong><br />

52 weeks to<br />

18 August<br />

<strong>2007</strong><br />

£m<br />

52 weeks to<br />

19 August<br />

2006<br />

£m<br />

Income <strong>and</strong> expense recognised directly in equity:<br />

(Loss) / gain on cash flow hedges (4.7) 4.7<br />

(4.7) 4.7<br />

Transfers to the income statement:<br />

On cash flow hedges (1.0) 1.0<br />

(5.7) 5.7<br />

Tax on items taken directly to equity 1.7 (1.7)<br />

Net (loss) / gain recognised directly in equity (4.0) 4.0<br />

Profit attributable to shareholders 39.5 61.1<br />

Total recognised income for the period attributable to equity shareholders 35.5 65.1<br />

Company income statement<br />

for the 52 weeks ended 18 August <strong>2007</strong><br />

As permitted by section 230 of the Companies Act 1985, the Company’s income statement has not been included in these financial<br />

statements. The Company’s profit for the financial year was £39.5m (August 2006: £61.1m).<br />

<strong>Punch</strong> <strong>Taverns</strong> <strong>plc</strong> <strong>Annual</strong> <strong>Report</strong> <strong>and</strong> <strong>Financial</strong> <strong>Statements</strong> <strong>2007</strong> 515

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