2568.11 kb - Compass Group

42 Compass Group PLC Annual Report 2007Consolidated statement of recognised income and expensefor the year ended 30 September 20072007 2006Notes £m £mNet income/(expense) recognised in equityFair value movement on cash flow hedges – 4Currency translation differences (12) (7)Actuarial gains/(losses) on post-retirement employee benefits 23 38 (37)Tax on items taken directly to equity 5 8 3Recognition of deferred tax asset relating to currency translation differences in prior years 5 37 –Income/(expense) recognised directly in equity 71 (37)TransfersTransfer to profit or loss from equity of cumulative translation differences on discontinued activities – 2Transfer to profit or loss from equity on cash flow hedges – (6)Net transfer to profit or loss from equity – (4)Net gain/(loss) recognised directly in equityNet gain/(loss) recognised directly in equity 71 (41)Profit for the financial yearProfit for the financial year 524 295Total recognised income and expense for the year 25 595 254Attributable to:Equity shareholders of the Company 576 248Minority interests 19 6Total recognised income and expense for the year 25 595 254