| | | | |  | Statement of Total Recognised Gains and Losses |
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Statement of Total Recognised Gains and Losses
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Year ended 31 December 1998 | 1998 £m | 1997 £m |
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Profit for the financial year | 880 | 837 |
Exchange movements | (50) | (43) |
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Total recognised gains | 830 | 794 |
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