Subsidiary undertakings Group historical cost profits and losses Financial information Notes relating to the financial statements Accounting Policies Company Balance Sheet Movements in group shareholders' funds Group total recognised gains and losses Group cash flow statement Group balance sheet Group profit and loss account Financial Review
 
  1998
£m
1997
£m

Profit for the financial year 117.0 108.6
Dividends (51.9 ) (48.8 )

  65.1 59.8
 
Other recognised gains and losses relating to the financial year (0.2 ) 0.5
Contributions to the QUEST (0.3 ) -
New ordinary share capital issued 4.2 4.5
Goodwill arising on 1997 acquisitions deducted from reserves (4.5 ) (113.3 )
Previously acquired goodwill taken through the profit and loss account in arriving at the profit for the financial year 19.8 -

Net increase/(decrease) in shareholders' funds for the year 84.1 (48.5 )

Shareholders' funds at 1 January 325.4 373.9

Shareholders' funds at 31 December 409.5 325.4