© Rolls-Royce Group plc 2004
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| 2003 £m |
2002 £m |
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| Profit on ordinary activities before taxation | 180 | 105 |
| Difference between the historical cost depreciation charge and the actual depreciation charge for the year calculated on the revalued amount | 4 | 3 |
| Historical cost profit on ordinary activities before taxation | 184 | 108 |
Historical cost transfer to/(from) reserves |
67 | (77) |