| Year ended 31 March 2004 £m |
|
|
2004 £m |
2003 Restated £m |
|---|---|---|---|---|
| 336.2 | Net interest payable | 171.7 | 163.9 | |
| British Land Group | ||||
| 52.2 | Payable on: | bank loans and overdrafts | 29.3 | 24.0 |
| 263.7 | other loans | 130.2 | 126.6 | |
| 315.9 | 159.5 | 150.6 | ||
| (13.3) | Deduct: | development cost element | (2.5) | (5.9) |
| 302.6 | 157.0 | 144.7 | ||
| (6.7) | Receivable on: | deposits and securities | (2.7) | (3.2) |
| (6.6) | loans to joint ventures | (0.3) | (4.5) | |
| Other finance (income) costs: | ||||
| (1.7) | Expected return on pension scheme assets | (1.3) | (0.8) | |
| 2.0 | Interest on pension scheme liabilities | 1.2 | 1.0 | |
| 289.6 | Total British Land Group | 153.9 | 137.2 | |
| Share of joint ventures | ||||
| 6.6 | Interest payable on shareholder loans | 0.3 | 4.5 | |
| 40.0 | Other interest payable (net) | 17.5 | 22.2 | |
| 46.6 | Total share of joint ventures (note 8) | 17.8 | 26.7 |
