| |
 |
 |
|
| |
FOR THE YEAR ENDED 31 DECEMBER 2003 |
|
| |
| |
|
Year ended |
Year ended |
| |
|
31 December |
31 December |
| |
|
2003 |
2002 |
| |
|
£m |
£m |
| (Loss)/profit for the financial year |
|
(219) |
113 |
| Other recognised gains and losses relating to the year |
|
15 |
(43) |
| Share buyback |
|
(13) |
– |
 |
 |
|
| Net (reduction from)/addition to shareholders’ funds |
|
(217) |
70 |
| Opening shareholders’ funds |
|
1,740 |
1,670 |
|
|
|
| Closing shareholders’ funds |
|
1,523 |
1,740 |
|
|
|
|
|
| |
|
|
|
|
