Schroders plc notes to the accounts
for the year ended 31 December 2007
60. Retained profits reserve
| 2007 £mn |
2006 £mn |
||
|---|---|---|---|
| At 1 January | 670.4 | 800.8 | |
| Profit/(loss) after tax | 264.6 | (20.6) | |
| Dividends | (74.9) | (63.4) | |
| Retained profit/(loss) for the year after dividends | 189.7 | (84.0) | |
| Actuarial gains on defined benefit pension scheme | 6.6 | 5.6 | |
| Tax on items taken directly to equity | (1.0) | 0.7 | |
| Net income recognised directly in equity | 5.6 | 6.3 | |
| Share-based payments | 30.8 | 22.0 | |
| Cancellation of non-voting ordinary shares | (30.4) | (61.4) | |
| Net gains/(losses) on disposals of own shares | 3.2 | (2.5) | |
| Transfers | (14.3) | (10.8) | |
| At 31 December | 855.0 | 670.4 |