| |
2003 |
|
2002 |
|
2001 |
|
|
£m |
|
£m |
|
£m |
|
|
|
|
|
|
|
|
 |
|
|
|
|
|
|
| Interest
payable and similar charges in respect of: |
|
|
|
|
|
|
| Bank
loans and overdrafts |
82 |
|
184 |
|
181 |
|
| Other
borrowingsab |
1,527 |
|
1,695 |
|
1,245 |
|
|
|
|
|
|
|
|
| Group |
1,609 |
|
1,879 |
|
1,426 |
|
| Joint
ventures |
17 |
|
60 |
|
176 |
|
| Associates |
8 |
|
43 |
|
120 |
|
|
|
|
|
|
|
|
| Total
interest payable |
1,634 |
|
1,982 |
|
1,722 |
|
|
|
|
|
|
|
|
| a Includes
£293 million charged in the year ended 31
March 2003 on the termination of interest rate swap
agreements following the receipt of the Cegetel sale
proceeds. |
| b
Includes £162 million charged in the
year ended 31 March 2002 on the novation of interest
rate swap agreements as a consequence of the property
sale and leaseback transaction with Telereal. |
|
