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Note 25 - Tangible fixed assets     The  Group  2004  £m  The  Group  2003  £m  The  Company  2004  £m  The  Company  2003  £m  Investment properties 5  5  –  –  Properties in use by the Group 26  27  25  26  Other fixed assets in use by the Group 9  13  –  –    40  45  25  26    Properties The  Group  Investment  properties  2004  £m  The  Company  Investment  properties  2004  £m  The  Group  Properties  in use by  the  Group  2004  £m  The  Company  Properties  in use by  the  Group  2004  £m  Opening balances         Cost 5  –  22  21  Unrealised appreciation –  –  5  5    5  –  27  26  Unrealised appreciation –  –  (1)  (1)    5  –  26  25  Represented by:            Cost 5  –  22  21     Unrealised appreciation –  –  4  4    5  –  26  25  Freehold 5  –  9  8  Leasehold – 50 years and over –  –  17  17    5  –  26  25    Other fixed assets in use by the Group The  Group  Office  equipment  2004  £m  The  Group  Hire  purchase  motor vehicles  2004  £m  The  Group  Total  2004  £m  Opening cost 56  5  61  Additions –  1  1  Disposals –  (3)  (3)  Cost at 31 March 2004 56  3  59  Opening depreciation 46  2  48  Charge for year 4  1  5  Disposals (1)  (2)  (3)  Depreciation at 31 March 2004 49  1  50  Book amount at 31 March 2004 7  2  9  Book amount at 31 March 2003 10  3  13    Obligations under motor vehicle hire purchase contracts The  Group  2004  £m  The  Group  2003   £m  Amounts payable:        within one year –  1     between two and five years 2  1    2  2  Finance charge allocated to future periods –  –    2  2

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