2020
£m
2019
£m
Profit after tax106.8363.4
Other comprehensive income
Items that may be reclassified to profit or loss in subsequent periods:
Cash flow hedge effectiveness(2.0)0.4
Tax on items taken directly to equity0.4(0.1)
Foreign exchange adjustments1.3(0.8)
Other comprehensive income that may be reclassified to profit or loss(0.3)(0.5)
Items that will not be reclassified to profit or loss in subsequent periods:
Remeasurement gains on defined benefit pension schemes154.673.0
Change in credit assumptions for debt reported at fair value through profit or loss34.26.6
Cost of hedging – cross-currency basis spread adjustment1.3(2.2)
Deferred tax adjustments in respect of prior years on net fair value gains(2.4)
Tax on items taken directly to equity(157.1)(13.1)
Other comprehensive income that will not be reclassified to profit or loss30.664.3
Total comprehensive income137.1427.2