Preliminary results for the year ended 31 January 2009

 

26 March 2009

 

Notes to the consolidated financial information

For the financial year ended 31 January 2009

10. Reserves

£ millions Retained earnings Translation reserve Cash flow hedge reserve Other reserves Reserves
At 3 February 2008 1,815 248 (2) 159 2,220
Actuarial losses on post employment benefits (191) - - - (191)
Currency translation differences Group excluding minority interests - 152 - - 152
Currency translation differences joint ventures and associates - 32 - - 32
Currency translation differences gains transferred to income statement - (80) - - (80)
Cash flow hedges fair value gains - - 33 - 33
Cash flow hedges gains transferred to inventories - - (10) - (10)
Tax on items recognised directly in equity 54 (12) (7) - 35
Net (expense)/income recognised directly in equity (137) 92 16 - (29)
Profit for the year 209 - - - 209
Total recognised income for the year 72 92 16 - 180
Share-based compensation 15 - - - 15
Own shares disposed (9) - - - (9)
Dividends (125) - - - (125)
At 31 January 2009 1,768 340 14 159 2,281
           
At 4 February 2007 1,763 20 (3) 159 1,939
Actuarial gains on post employment benefits 47 - - - 47
Currency translation differences Group excluding minority interests - 204 - - 204
Currency translation differences joint ventures and associates - 26 - - 26
Currency translation differences losses transferred to income statement - 3 - - 3
Cash flow hedges fair value losses - - (6) - (6)
Cash flow hedges losses transferred to inventories - - 8 - 8
Tax on items recognised directly in equity (13) (5) (1) - (19)
Net income recognised directly in equity 34 228 1 - 263
Profit for the year 274 - - - 274
Total recognised income for the year 308 228 1 - 537
Share-based compensation 6 - - - 6
Own shares disposed (13) - - - (13)
Dividends (249) - - - (249)
At 2 February 2008 1,815 248 (2) 159 2,220