Financial Statements
Segment information
Primary and secondary segments
Since the UK is the predominant location of the Group's property portfolio, these financial statements and related notes represent the results and financial position of the Group's primary business segment. The secondary reporting format by property use is shown below:
| Offices | Retail | Other | Total | |||||
| 2006 £m |
2005 £m |
2006 £m |
2005 £m |
2006 £m |
2005 £m |
2006 £m |
2005 £m |
|
|---|---|---|---|---|---|---|---|---|
| Net rental income | ||||||||
| British Land Group | 238 | 236 | 318 | 255 | 33 | 26 | 589 | 517 |
| Share of funds and joint ventures | 12 | 10 | 98 | 56 | 2 | 2 | 112 | 68 |
| Total | 250 | 246 | 416 | 311 | 35 | 28 | 701 | 585 |
| Segment assets | ||||||||
| British Land Group | 5,105 | 4,712 | 6,307 | 5,771 | 866 | 1,095 | 12,278 | 11,578 |
| Share of funds and joint ventures | 153 | 157 | 2,546 | 1,136 | 182 | 159 | 2,881 | 1,452 |
| Total | 5,258 | 4,869 | 8,853 | 6,907 | 1,048 | 1,254 | 15,159 | 13,030 |
| Capital expenditure | ||||||||
| British Land Group | 491 | 114 | 506 | 851 | 45 | 251 | 1,042 | 1,216 |
| Share of funds and joint ventures | 210 | 1 | 1,071 | 72 | 6 | 10 | 1,287 | 83 |
| Total | 701 | 115 | 1,577 | 923 | 51 | 261 | 2,329 | 1,299 |