 |
 |
| Note 9 - Fees receivable |
|
| Fees have been accounted for as follows: |
| |
2004
£m |
2003
£m |
| Revenue reserve |
43 |
46 |
| Capital reserve - fees receivable |
20 |
16 |
| Capital reserve -
deal related costs |
(15) |
(6) |
| |
48 |
56 |
| Fees receivable earned and deal related costs incurred as
an intrinsic part of an intention to acquire or dispose of an investment,
have been accounted for directly in the capital reserve. |
|
|
|
|