| |
| |
2004
£m |
2003
£m |
| (Decrease)/increase in cash in the year |
(2) |
49 |
| Cash flow from management of liquid resources |
15 |
(15) |
| Cash flow from debt financing |
33 |
143 |
| Cash flow from subordinated liabilities |
(1) |
(7) |
| Change in net debt from cash flows |
45 |
170 |
| Foreign exchange movements |
27 |
(46) |
| Non-cash changes |
5 |
50 |
| Movement in net debt in the year |
77 |
174 |
| Net debt at start of year |
(1,015) |
(1,189) |
| Net debt at end of year |
(938) |
(1,015) |
