| Year ended 2 January 2010 $ million |
Year ended 3 January 2009 $ million |
Year ended 29 December 2007 $ million |
|
|---|---|---|---|
| Hedging activities: | |||
| – (Loss)/gain on derivatives in designated hedging relationships | (1.0) | 0.1 | 1.6 |
| – Gain/(loss) on derivatives classified as held for trading | 2.3 | (2.1) | (3.8) |
| – Currency translation loss on hedging instruments | (1.6) | (17.9) | (3.0) |
| (0.3) | (19.9) | (5.2) | |
| Other items: | |||
| – Loss on embedded derivatives | – | (5.1) | (0.4) |
| (0.3) | (25.0) | (5.6) | |
Other finance expense principally represents fair value gains and losses arising on financial instruments held by the Group to hedge its translational exposures where either the economic hedging relationship does not qualify for hedge accounting or to the extent that there is deemed to be ineffectiveness in a designated hedging relationship.
Other finance expense is wholly attributable to continuing operations.