Sensitivity analysis

As described in note 34 to the consolidated financial statements, movements in commodity prices would have the following estimated impact on the financial statements as a consequence of changes in the value of commodities. This analysis does not take account of any change in our commodity portfolio.

  2008/09 2007/08
 
Income
statement
£m		 Other
equity
reserves
£m		 Income
statement
£m		 Other
equity
reserves
£m
10% increase in commodity prices 56 (1) 25 (1)
10% decrease in commodity prices (72) 1 (22) 1