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ANNUAL REPORT AND ACCOUNTS 2008

Parent company statement of
changes in equity

 

Share capital
and premium
£ million

Retained
profits
£ million

Total
£ million

Balance at 1 January 2007

2,695

2,026

4,721

Profit for the year*

1,855

1,855

Dividends

(1,957)

(1,957)

Purchase/sale of treasury shares

(19)

(19)

Employee share option schemes:

     

Value of employee services

30

30

Proceeds from shares issued

35

35

Balance at 31 December 2007

2,730

1,935

4,665

Profit for the year*

2,256

2,256

Dividends

(2,042)

(2,042)

Shares issued via private placement

760

760

Purchase/sale of treasury shares

(14)

(14)

Employee share option schemes:

     

Value of employee services

12

12

Proceeds from shares issued

119

119

Balance at 31 December 2008

3,609

2,147

5,756

*No income statement has been shown for the parent company, as permitted by section 230 of the Companies Act 1985.

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