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| All figures in £ millions | 2005 | 2004 | 2003 |
|---|---|---|---|
| Interest payable | (98) | (91) | (91) |
| Finance costs re employee benefits | (7) | (5) | (9) |
| Net foreign exchange losses | (9) | - | - |
| Other losses on financial instruments in a hedging relationship: | |||
| - fair value hedges | (1) | - | - |
| - net investment hedges | - | - | - |
| Other losses on financial instruments not in a hedging relationship: | |||
| - derivatives | (17) | - | - |
| Finance costs | (132) | (96) | (100) |
| Interest receivable | 21 | 17 | 7 |
| Net foreign exchange gains | 21 | - | - |
| Other gains on financial instruments in a hedging relationship: | |||
| - fair value hedges | 1 | - | - |
| - net investment hedges | 3 | - | - |
| Other gains on financial instruments not in a hedging relationship: | |||
| - amortisation of transitional adjustment on bonds | 7 | - | - |
| - derivatives | 9 | - | - |
| Finance income | 62 | 17 | 7 |
| Net finance costs | (70) | (79) | (93) |
| Analysed as: | |||
| Net interest payable | (77) | (74) | (84) |
| Finance costs re employee benefits | (7) | (5) | (9) |
| Net finance costs reflected in adjusted earnings | (84) | (79) | (93) |
| Other net finance income | 14 | - | - |
| Total net finance costs | (70) | (79) | (93) |
