Statement of recognised income and expense

Year ended 31 July 2009

	Notes	2009 £m	2008 £m
(Loss)/profit for the financial year		(1,173)	74
Net exchange adjustments offset in reserves		280	129
Actuarial losses on retirement benefits	14	(115)	(135)
Available-for-sale investments reclassified and reported in net profit for the year		–	13
Fair value losses on cash flow hedges		(20)	–
Tax credit not recognised in the income statement		42	33
Net gains not recognised in the income statement	15	187	40
Total recognised (expense)/income for the year attributable to shareholders		(986)	114