Notes to the accounts
Notes to the accounts list| 2005 £m |
2004 (as restated)* £m |
|
|---|---|---|
| Revenue profit before tax | 156 | 136 |
| Fees receivable and deal-related costs accounted for in the capital reserve | 18 | 5 |
| Administrative expenses allocated to the capital reserve | (94) | (91) |
| 80 | 50 | |
| Interest payable – revenue | 57 | 51 |
| 137 | 101 | |
| Depreciation of equipment and vehicles | 4 | 5 |
| Tax on investment income included within income from overseas companies | (1) | (1) |
| Interest received by way of loan notes | (36) | (28) |
| Additional pension contributions | (60) | (13) |
| Movement in prepayments and accrued income | 8 | 3 |
| Movement in accruals and deferred income | (18) | 17 |
| Movement in provisions for liabilities and charges | 7 | (2) |
| Reversal of losses of joint ventures less distribution received | – | 1 |
| Net cash inflow from operating activities | 41 | 83 |
| * As restated to reflect the adoption of FRS 17 – Retirement Benefits and UITF 38 – Accounting for ESOP Trusts. See Basis of preparation. | ||