6. Net interest | |
| 2004 £m |
2003 £m | |
|---|---|---|
| Interest income: | ||
| Bank deposits and other | 26 | 20 |
| Interest expense: | ||
| Bank loans and overdrafts | 11 | 33 |
| Eurobonds | 73 | 39 |
| Finance leases | 1 | 1 |
| Group share of interest expense of joint venture | 8 | 15 |
| Gross interest expense | 93 | 88 |
| Less: interest charged to cost of sales | (13) | (10) |
| 80 | 78 | |
| Net interest expense | 54 | 58 |
Interest charged to cost of sales includes £13m (2003 £10m) in respect of financial services activities.