For the financial year ended 28 February 2022
2022 | 2021 | ||
Notes | €m | €m | |
Other Comprehensive Income: | |||
Items that may be reclassified to Income Statement in subsequent years: | |||
Foreign currency translation differences arising on the net investment in foreign operations | 11.9 | (17.4) | |
Foreign currency recycled on disposal of subsidiary | (0.2) | - | |
(Loss)/gain relating to cash flow hedges | (0.1) | 0.3 | |
Items that will not be reclassified to Income Statement in subsequent years: | |||
Revaluation of property, plant & equipment | 2.5 | 0.9 | |
Deferred tax on revaluation of property, plant and equipment | (0.6) | (0.2) | |
Actuarial gain on retirement benefits | 32.8 | 13.4 | |
Deferred tax charge on actuarial gain on retirement benefits | (4.3) | (1.6) | |
Share of equity accounted investments’ Other Comprehensive Income | 2.2 | (0.4) | |
Net gain/(loss) recognised directly within Other Comprehensive Income | 44.2 | (5.0) | |
Group profit/(loss) for the financial year | 37.1 | (104.5) | |
Total comprehensive income/(expense) for the financial year | 81.3 | (109.5) |