Downloadable PDFs and Excel tables of the Annual Report and Notice of AGM documents are available below.

Notes to the company accounts

13 Deferred tax

	Year ended 31 July 2008 £m	Period ended 31 July 2007 £m
Deferred taxation
At beginning of period	5.3	41.1
(Charge)/credit to profit and loss account	(21.3)	(27.8)
(Charge)/credit to equity	41.5	(8.0)
At end of period	25.5	5.3
Analysed as follows:
Post-retirement benefits	20.3	(5.0)
Share-based payments	4.6	3.9
Short-term timing differences	0.6	6.4
	25.5	5.3

Smiths Group divisions:
Smiths Detection, Smiths Medical, John Crane, Smiths Interconnect, Flex-Tek