33 Minority interests

Download table as excel file

											2007		2006
											£m		£m
At beginning of year											7,591		7,004
Share of profit after tax											678		624
Dividend and other payments											(480)		(452)
Equity issued by subsidiaries											1,381		639
Available for sale reserve: net gain/(loss) from changes in fair value											1		(2)
Cash flow hedges: net loss from changes in fair value											(16)		(9)
Currency translation differences											25		(317)
Additions											142		51
Disposals											(111)		(34)
Other											(26)		87
At end of year											9,185		7,591

During the year, subsidiaries issued the following Preference Shares:

• – 1.9 million Preference Shares of nominal ZAR0.01 each (Principal amount: ZAR1,652m; £118m) with a variable dividend issued in 2007
• – 55 million Preference Shares of nominal US$0.25 each (Principal amount: US$1,375m; £677m) with a 7.1% dividend issued on 13th September 2007
• – 46 million Preference Shares of nominal US$0.25 each (Principal amount: US$1,150m; £567m) with a 7.75% dividend issued on 7th December 2007