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Year ended 31 December
 
2008
2007
(Restated)*
Note
£m
£m
Actuarial gain on pensions
25
56.2 
135.3
Tax charge on actuarial gain on pensions 
23
(18.8)
(39.5)
Exchange differences on translation
27
 10.8
 0.1
Fair value movement on net investment hedge
27
(19.9)
(3.1)
Deferred tax charge on share options
23
(0.5)
(1.1)
   
Net income recognised directly in equity
27.8 
91.7
Loss for the year
(443.8)
(63.3)
Total recognised (expense)/income in the year attributable to equity shareholders
(416.0)
28.4

The notes on pages 60 to 106 form an integral part of the consolidated financial statements. 

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