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5. Reconciliation of movements in shareholders' funds

  2008
£m
2007
£m
At 1 January 919 837
Increase in share capital/premium 5
Profit for the year 151 162
Sale of treasury shares 1
Share-based payments 2 6
Dividends (97) (91)
At 31 December 976 919

Details of the dividends paid, share capital and share premium of GKN plc are disclosed in note 8, note 22 and note 23 to the Group financial statements.