| |
Period ended |
Year ended |
| |
5 August 2006 |
31 July 2005 |
| |
£m |
£m |
| Exchange (loss)/gain |
(113.1) |
50.2 |
| Taxation recognised on exchange losses |
| – current |
|
5.9 |
| – deferred |
(7.4) |
| Actuarial gains/(losses) on retirement benefit schemes |
94.5 |
(23.4) |
| Taxation recognised on actuarial gains/(losses) – deferred |
(24.0) |
11.8 |
| Fair value gains/(losses): |
| – on cash-flow hedges |
12.7 |
|
| – on net investment hedges |
17.1 |
|
| Net (cost)/income recognised directly in equity |
(20.2) |
44.5 |
| Profit for the period |
24.2 |
271.8 |
Total recognised income and expense for the period
attributable to equity shareholders of
Smiths Group plc |
4.0 |
316.3 |
| Effect of change in accounting policy (IAS 32 and
IAS 39) |
2.9 |
|
| As permitted by ‘IFRS 1 First Time Adoption
of International Reporting Standards’, the Group has adopted ‘IAS 32 Financial
Instruments: Disclosure and Presentation’ and ‘IAS 39 Financial Instruments:
Recognition and Measurement’ with effect from 1 August 2005 with no restatement
of comparative information. This increased shareholders equity by £2.9m
at 1 August 2005. |
