FRS 19 'Deferred tax'

easyJet plc Period End 30 September 2005

Profit takes off by 38%
UK airline easyJet discloses that, adopting IFRS, retained profit increases by £16.4 million mainly as a result of goodwill no longer being amortised.

Shaftesbury plc Period End 30 September 2005

IFRS boosts income
UK investment property company Shaftesbury estimates a significant impact on its income statement of property revaluation surpluses.