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14.   Dividends  2004   2003   2002              
  pence pence pence 2004 2003 2002
  per share per share per share £m £m £m












 
Interim dividend paid 3.20   2.25     278   194    
Proposed final dividend 5.30   4.25   2.00   454   366   173  












 
Total dividends 8.50   6.50   2.00   732   560   173  












 

In addition to the final dividend for the year ended 31 March 2002 of £173 million there was a demerger distribution of £19,490 million, representing the net assets of mmO2 (including purchased goodwill) as at the date of demerger. Of the demerger distribution, £9 million represents a cash dividend paid by British Telecommunications plc to mmO2 plc as part of the demerger process.

 

 

 

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