Skip Links

Menu Links

 

Notes to the Company Financial Statements


< Previous

Next >


5 Derivative financial instruments

5 Derivative financial instruments
All figures in £ millions 2005
Assets Liabilities
Interest rate derivatives - in a fair value hedging relationship 31 (16)
Interest rate derivatives - not in a hedging relationship 14 (6)
Cross currency rate derivatives - in a net investment hedging relationship 13 -
Cross currency rate derivatives - not in a hedging relationship 21 -
  79 (22)

The fair value of the above derivative financial instruments is the same as the carrying value.

back to top