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Notes to the Consolidated Financial Statements


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25 Share capital and share premium

25 Share capital and share premium
  Number of shares
(thousands)
Ordinary Shares
£m
Share Premium
£m
At 1 January 2003 801,662 200 2,465
Issue of shares - share option schemes 726 1 4
At 31 December 2003 802,388 201 2,469
Issue of shares - share option schemes 862 - 4
At 31 December 2004 803,250 201 2,473
Issue of shares - share option schemes 770 - 4
At 31 December 2005 804,020 201 2,477

The total authorised number of ordinary shares is 1,186 million shares (2004: 1,182 million shares; 2003: 1,178 million shares) with a par value of 25 pence per share (2004: 25p per share; 2003: 25p per share). All issued shares are fully paid.

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