Notes to the Company Financial Statements

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for the year to 31 December 2007

19. Reconciliation of movement in shareholders’ funds

2007
£m
2006
£m
Opening shareholders’ funds 2,016.2 1396.4
Dividends paid (117.3) (79.7)
(Loss)/profit for the financial year (687.1) 686.7
New share capital subscribed 2075.3 3.3
Disposal of own shares 14.5 16.7
Purchase of own shares (251.6) (7.3)
Replacement share options on acquisition of subsidiary 2.9
Loss on disposal of own shares (3.4)
Closing shareholders’ funds 3,050 2,016.2