National Grid 2008 Annual Report Download - page 643

BOWNE INTEGRATED TYPESETTING SYSTEM
CRC: 53722
Name: NATIONAL GRID
Date: 17-JUN-2008 03:10:51.35Operator: BNY99999TPhone: [phone]Site: BOWNE OF NEW YORK
Y59930.SUB, DocName: EX-15.1, Doc: 16, Page: 116
Description: EXHIBIT 15.1
0/11312.00.00.00Y59930BNY
[E/O] EDGAR 2 *Y59930/312/11*
BOWNE INTEGRATED TYPESETTING SYSTEM
CRC: 53722
Name: NATIONAL GRID
Date: 17-JUN-2008 03:10:51.35Operator: BNY99999TPhone: [phone]Site: BOWNE OF NEW YORK
Y59930.SUB, DocName: EX-15.1, Doc: 16, Page: 116 Description: EXHIBIT 15.1
0/11312.00.00.00Y59930BNY
[E/O] EDGAR 2 *Y59930/312/11*
Table of Contents
124
Consolidated statement of reco
g
nised income and ex
p
ense
National Grid plc
Consolidated statement of recognised income and
expense
for the years ended 31 March
2008 2007 2006
Notes £m £m £m
Exchan
g
e ad
j
ustments
(
25
)
(
179
)
141
Actuarial net
g
ain 5 432 365 181
Net (losses)/gains taken to equity in respect of cash flow hedges (32) 47 (12)
Transferred to
p
rofit or loss on cash flow hed
g
es
(
7
)
(
45
)
(
20
)
Net
g
ains/
(
losses
)
taken to e
q
uit
y
on available-for-sale investments 6
(
3
)
4
Transferred to
p
rofit or loss on sale of available-for-sale investments
–
(
1
)
(
1
)
Tax on items taken directly to or transferred from equity 7 (94) (81) (43)
Net income reco
g
nised directl
y
in e
q
uit
y
280 103 250
Profit for the year 3,199 1,396 3,850
Total reco
g
nised income and ex
p
ense for the
y
ear 3,479 1,499 4,100
Attributable to:
Equity shareholders of the parent 3,476 1,498 4,097
Minorit
y
interests 3 1 3
3,479 1,499 4,100