Tesco 2001 Annual Report Download - page 21

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TESCO PLC 19
Group Company
2001 2000 2001 2000
£m £m £m £m
Profit for the financial year 767 674 66 42
Loss on foreign currency net investments (2) (36) (4) (3)
Total recognised gains and losses relating to the financial year 765 638 62 39
STATEMENT OF TOTAL RECOGNISED GAINS AND LOSSES
52 weeks ended 24 February 2001
Group Company
2001 2000 2001 2000
£m £m £m £m
Profit for the financial year 767 674 66 42
Dividends (340) (302) (340) (302)
427 372 (274) (260)
Loss on foreign currency net investments (2) (36) (4) (3)
New share capital subscribed less expenses 110 30 174 54
Payment of dividends by shares in lieu of cash 52 21 52 21
Net addition/(reduction) to shareholders’ funds 587 387 (52) (188)
Opening shareholders’ funds 4,769 4,382 2,511 2,699
Closing shareholders’ funds 5,356 4,769 2,459 2,511
Accounting policies and notes forming part of these financial statements are on pages 22 to 39.
RECONCILIATION OF MOVEMENTS IN SHAREHOLDERS’ FUNDS
52 weeks ended 24 February 2001