Segmental PBIT analysis6 months ended 30 September

£m 20001 2001 Growth

Retail 26 84 58

Asset Management 70 46 (24)

Trading1 (15) 26 41

Cogen & Renewables2 2 6 4

O&E 2 3 1

Regenesys (6) (11) (5)

New Ventures (1) (2) (1)

Head Office Costs (20) (9) 11

Other Central Items (8) 3 11

Total(ex Eastern Lease) 50 146 96

Eastern Lease 52 - (52)

Goodwill Amortisation (14) (38) (24)

Total 88 108 20

Profit on the sale of fixed assets - 8 8

Total 88 116 28

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