Reconciliation of movement in shareholders' funds |
||
| 2004 £m |
2003 £m |
|
| Opening balance | 2,936 | 3,945 |
| Revenue return | 134 | 146 |
| Capital return | 397 | (1,081) |
| Total return | 531 | (935) |
| Dividends | (84) | (81) |
| Proceeds of issues of shares | 12 | 7 |
| Movement in the year | 459 | (1,009) |
| Closing balance | 3,395 | 2,936 |