© Rolls-Royce Group plc 2004
Legal information
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32 Disposal or termination of businesses
During the year the Group disposed of its interests in a number of small businesses, as summarised below:
|
|
| Total £m |
|
| Tangible fixed assets | 39 |
| Stocks | 7 |
| Debtors | 6 |
| Creditors | (9) |
| Net assets | 43 |
| Less borrowings repaid | (33) |
|
10 |
| Profit on sale or termination of businesses | 6 |
| Disposal proceeds less costs | 16 |
| Payment of amounts deferred at December 31, 2002 | (12) |
| Payment of costs accrued at December 31, 2002 | (3) |
| Net cash inflow per cash flow statement | 1 |