Condensed consolidated statement of recognised income and expense

	Unaudited Six months ended 30 September 2007 £m	Unaudited Six months ended 30 September 20061 £m	Audited Year ended 31 March 2007 £m
Exchange differences arising on translation	-	(0.5)	(0.7)
Actuarial gains/(losses) on defined benefit plans	34.2	(21.1)	(15.2)
Net income/(expense) recognised directly in equity	34.2	(21.6)	(15.9)
Profit for the period	2.8	22.5	24.7
Total recognised income and expense	37.0	0.9	8.8


1	The statement of recognised income and expense as reported in the 2006 Interim Report included the fair value of employee share option schemes. The comparatives reported here have been restated to exclude this reserves movement, which is now reported in the statement of changes in shareholders’ equity (note 12).