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Interim Report 2003

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Reconciliation of movements in shareholders' funds
  2003
Six months
to 30 June
£million
  2002
Six months

30 June

£million
  2002
Year

31 Dec

£million
 
Profit for the financial period 4.2   4.4   (30.8 )
Redemption of redeemable B shares (4.8 ) (4.7 ) (9.6 )
Goodwill on businesses disposed   2.8   2.6  
Actuarial loss on pension and other post-retirement schemes   (48.0 ) (59.4 )
Deferred tax associated with pension and other post-retirement schemes   14.6   18.2  
Other recognised gains and losses (6.4 ) (9.3 ) (24.2 )
Net decrease in shareholders' funds (7.0 ) (40.2 ) (103.2 )
At beginning of the financial period 275.3   378.5   378.5  
At end of the financial period 268.3   338.3   275.3  


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