14 Stocks
  2004
£m		 2003
£m
Raw materials 147 156
Work in progress 423 369
Long-term contracts work in progress 148 117
Finished goods 615 596
Payments on account 63 29
  1,396 1,267
Progress payments received against:1
  Long-term contracts (178) (142)
  Other stocks (137) (163)
  1,081 962
 
1 Includes payments received from joint ventures (15) (16)