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| 2005 £m |
2004 £m |
|
|---|---|---|
| Sales of goods and services to joint ventures | 986 | 965 |
| Purchases of goods and services from joint ventures | (643) | (437) |
| Operating lease payments to joint ventures | (38) | (36) |
| Guarantees provided to joint ventures | 2 | 5 |
| Dividends received from joint ventures | 35 | 15 |
| RRSP receipts from joint ventures | 3 | 11 |
| Other income received from joint ventures | 14 | 15 |
The aggregated balances with joint ventures are shown in notes 13, 14, 17 and 19.
In the course of normal operations, related party transactions entered into by the Group have been contracted on an arms-length basis.
Rolls-Royce Group plc is a non-trading holding company for Rolls-Royce plc.
Key management personnel are considered to be the directors and their remuneration is disclosed within the Directors' remuneration.