Notes to the consolidated financial statements

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31 March

 

2011
£m

2010
£m

(Increase)/decrease in inventories

(121)

99

Decrease in receivables

1

78

Increase in payables

88

39

(Increase)/decrease in derivative financial instruments (excluding debt-related derivatives)

(7)

10

Decrease in provisions for other liabilities and charges

(16)

(19)

Decrease in retirement benefit obligations

(46)

(21)

(Increase)/decrease in working capital (continuing operations)

(101)

186

Excluded from the movement in retirement benefit obligations is an actuarial gain of £58 million (2010 – actuarial loss £104 million).