1 Profit and loss account
As permitted by section 230 of the Companies Act 1985 the Company has elected not to present its own profit and loss account for the year. The profit for the year ended 31 December 2007 was £162 million (2006 – £124 million).
Auditors’ remuneration for audit services to the Company was £0.6 million (2006 – £0.5 million).