| 2006 | ||||||||||||||||||||||
| Listed bonds, debentures and notes | Effect of hedging and interest | Adjusted listed bonds, debentures and notes | Finance leases | Effect of hedging and interest | Adjusted finance leases | Other loans and borrowings | Effect of hedging and interest | Adjusted other loans and borrowings | Current and non-current trade and other payables | Current
and non-current provisions |
||||||||||||
| a | a | a | b | c | ||||||||||||||||||
| £m | £m | £m | £m | £m | £m | £m | £m | £m | £m | £m | ||||||||||||
| Fixed rate interest | ||||||||||||||||||||||
Pound
sterling |
2,022 | 4,077 | 6,099 | 108 | – | 108 | 275 | 429 | 704 | – | – | |||||||||||
Euro |
790 | (790 | ) | – | – | – | – | 371 | (371 | ) | – | – | – | |||||||||
US
dollar |
4,037 | (4,037 | ) | – | – | – | – | 66 | (66 | ) | – | – | – | |||||||||
Total
fixed rate interest financial liabilities |
6,849 | (750 | ) | 6,099 | 108 | – | 108 | 712 | (8 | ) | 704 | – | – | |||||||||
Floating
rate interest |
||||||||||||||||||||||
Pound
sterling |
291 | 691 | 982 | 568 | (9 | ) | 559 | 1,238 | (3 | ) | 1,235 | – | – | |||||||||
Euro |
– | – | – | 169 | – | 169 | – | – | – | – | – | |||||||||||
Total
floating rate interest financial liabilities |
291 | 691 | 982 | 737 | (9 | ) | 728 | 1,238 | (3 | ) | 1,235 | – | – | |||||||||
Total
interest bearing financial liabilities |
7,140 | (59 | ) | 7,081 | 845 | (9 | ) | 836 | 1,950 | (11 | ) | 1,939 | – | – | ||||||||
Non-interest
bearing financial liabilities |
||||||||||||||||||||||
Pound
sterling |
– | – | – | – | – | – | – | – | – | 5,056 | 298 | |||||||||||
Euro |
– | – | – | – | – | – | – | – | – | 923 | – | |||||||||||
US
dollar |
– | – | – | – | – | – | – | – | – | 402 | – | |||||||||||
Other |
– | – | – | – | – | – | – | – | – | 82 | – | |||||||||||
Total |
7,140 | (59 | ) | 7,081 | 845 | (9 | ) | 836 | 1,950 | (11 | ) | 1,939 | 6,463 | 298 | ||||||||
| Maturity profile of interest bearing financial liabilities based on contractual repricing dates | ||||||||||||||||||||||
Less
than one year |
700 | 682 | 1,382 | 737 | (9 | ) | 728 | 1,810 | (11 | ) | 1,799 | |||||||||||
Between
one and two years |
624 | (624 | ) | – | – | – | – | – | – | – | ||||||||||||
Between
two and three years |
– | – | – | – | – | – | 140 | – | 140 | |||||||||||||
Between
three and four years |
120 | (120 | ) | – | – | – | – | – | – | – | ||||||||||||
Between
four and five years |
2,503 | 7 | 2,510 | – | – | – | – | – | – | |||||||||||||
Greater
than five years |
3,193 | (4 | ) | 3,189 | 108 | – | 108 | – | – | – | ||||||||||||
Total
interest bearing financial liabilities |
7,140 | (59 | ) | 7,081 | 845 | (9 | ) | 836 | 1,950 | (11 | ) | 1,939 | ||||||||||
| Weighted average effective fixed interest rates | ||||||||||||||||||||||
| % | % | % | % | % | % | |||||||||||||||||
Pound
sterling |
7.3 | 8.8 | 10.4 | 10.4 | 9.1 | 6.4 | ||||||||||||||||
Euro |
7.6 | – | – | – | 2.6 | – | ||||||||||||||||
US
dollar |
8.8 | – | – | – | 4.7 | – | ||||||||||||||||
| a | Adjustment for hedging and interest reflects the effect of currency derivatives; reclassifies the carrying amount to reflect interest derivatives; and excludes interest and fair value adjustments for hedged risk recognised in carrying amounts. |
| b | The carrying amount excludes £1,120 million of current and £40 million of non-current trade and other payables which relate to non-financial liabilities and includes current tax liabilities. |
| c | The carrying amount excludes £9 million of current and £24 million of non-current provisions which relate to non-financial liabilities. |