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| 2005 £m |
2004 £m |
|
|---|---|---|
| Interest receivable | 65 | 58 |
| Fair value gains on commodity derivatives (note 20) | 54 | |
| Expected return on pension scheme assets (note 23) | 312 | 314 |
| Net foreign exchange gains | 11 | |
| Financial income | 442 | 372 |
| Interest payable | (104) | (110) |
| Fair value losses on foreign currency contracts (note 20) | (399) | |
| Finance charge and valuation changes relating to financial RRSPs (note 20) | (13) | |
| Interest on pension scheme liabilities (note 23) | (321) | (315) |
| Other financing charges | (5) | |
| Financial expenses | (842) | (425) |
| Net financing costs | (400) | (53) |
Analysed as: |
||
| Net interest payable | (39) | (52) |
| Net other financing expenses | (361) | (1) |
| Net financing costs | (400) | (53) |