|
2003 £m |
2002 £m | |
| Share capital |
0.1 |
0.1 |
| Reserves |
912.4 |
1,195.6 |
| Opening funds |
912.5 |
1,195.7 |
| Retained profit/(loss) for the year |
136.5 |
(283.2) |
| Closing funds |
1,049.0 |
912.5 |
The shareholders may not have access to the above funds or that access may be limited (see note 20).