CONSOLIDATED STATEMENT OF RECOGNISED INCOME AND EXPENSE

FOR THE YEAR ENDED 30 JUNE 2007

  CONSOLIDATED
  2007
$m
2006
$m
Income and expenses recognised directly in equity during the year, net of tax    
Actuarial gains and (losses) on defined benefit superannuation plans 39 21
Net movement in foreign currency translation reserve (19) (9)
Net movement in hedging reserve 7 (5)
Vesting of share based remuneration (1)
Total net income and (expenses) recognised directly in equity 27 6
Profit for the year 629 862
Total recognised income and (expenses) for the year 656 868
Total recognised income and (expenses) for the year attributable to:    
Equity holders of the Parent 578 765
Minority interests 78 103
Total recognised income and (expenses) for the year 656 868

Other movements in equity arising from transactions with equity holders acting in their capacity as equity holders are set out in note 6.

The above consolidated statement of recognised income and expense should be read in conjunction with the notes to the concise financial statements.