Consolidated statement of comprehensive income

 

Year ended 31 January 2017

£ millions Notes 2016/17 2015/16
Profit for the year   610 412
Actuarial (losses)/gains on post-employment benefits 9 (50) 19
Tax on items that will not be reclassified   11 (8)
Total items that will not be reclassified subsequently to profit or loss   (39) 11
Currency translation differences      
Group   390 1
Joint ventures and associates   (1) (3)
Transferred to income statement   (7)
Cash flow hedges      
Fair value gains   52 24
Gains transferred to inventories   (60) (50)
Available-for-sale financial assets      
Fair value gains   5 2
Transferred to income statement 12 (7)
Tax on items that may be reclassified   2 8
Total items that may be reclassified subsequently to profit or loss   381 (25)
Other comprehensive income for the year   342 (14)
Total comprehensive income for the year   952 398