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Note of historical cost profits Download table in excel

for the year ended 31 March 2002      
         
    2002
£m
2001
£m
 
  Reported profit on ordinary activities before taxation 380.1 309.8  
  Realisation of property revaluation gains of previous years 7.7 127.9  
  Difference between historical cost depreciation charge and the actual charge for the year calculated on the revalued amount 0.8 1.1  
  Historical cost profit on ordinary activities before taxation 388.6 438.8  
  Historical cost retained profit for the year after taxation and dividends 48.7 122.8  
  The realisation of property revaluation gains of previous years arises mainly on the repayment of loans by BL Universal PLC.