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    2003     2002
    £m     £m
Opening balance   3,945     4,973
           
Revenue return   146     102
Capital return   (1,081)     (1,062)
Total return   (935)     (960)
Dividends   (81)     (78)
Proceeds of issues of shares   7     10
Movement in the year   (1,009)     (1,028)
           
Closing balance   2,936     3,945
 
 
   
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