Consolidated statement of recognised income and expense

Exchange gain/(loss)

89.5

(72.2)

Cumulative exchange losses recycled on disposals

49.2

Fair value gain on acquisition of former associate

0.4

Taxation recognised on exchange losses

– current

2.4

Taxation recognised on share-based payment

– current

6

5.2

10.3

– deferred

6

(3.8)

(9.4)

Actuarial (losses)/gains on retirement benefits

10

(254.5)

70.3

Taxation recognised on actuarial (losses)/gains – deferred

6

75.5

(30.1)

Fair value (losses)/gains:

– on cash-flow hedges

21

(0.5)

(11.9)

– on net investment hedges

21

(47.5)

8.2

Net (expense)/income recognised directly in equity

(135.7)

16.8

Profit for the period

268.8

1,728.1

Total recognised income and expense

27

133.1

1,744.9

Attributable to:

Smiths Group shareholders

132.8

1,744.9

Minority interests

0.3

133.1

1,744.9