MORTGAGE INDUSTRY PERFORMANCE DATA		TOTAL	HBOS	Abbey National	Lloyds  TSB	Cheltenham  & Gloucester	The Royal Bank of Scotland	Northern Rock	Barclays
TABLE C
INCOME STATEMENT CHANGES			31-12-05	31-12-05	31-12-05	31-12-05	31-12-05	31-12-05	31-12-05
		£000	£000	£000	£000	£000	£000	£000	£000
Total Interest Receivable	2005	105,834,849	24,134,000	5,457,000	12,589,000	4,036,300	21,331,000	4,056,700	17,232,000
	2004	89,959,432	21,581,000	5,637,000	10,707,000	3,630,400	16,632,000	2,989,400	13,880,000
Percentage growth on 2004		17.65	11.83	(3.19)	17.58	11.18	28.25	35.70	24.15
Total Other Income	2005	79,471,788	18,051,000	5,323,000	17,897,000	136,700	17,825,000	157,900	10,628,000
	2004	69,871,638	18,080,000	2,591,000	15,017,000	149,400	16,246,000	316,800	9,196,000
Percentage growth on 2004		13.74	(0.16)	105.44	19.18	(8.50)	9.72	(50.16)	15.57
Cost of Funding	2005	72,406,665	18,483,000	4,357,000	7,760,000	3,355,300	13,254,000	3,358,000	9,961,000
	2004	60,074,613	17,025,000	4,289,000	6,441,000	3,036,500	9,487,000	2,608,600	7,731,000
Percentage growth on 2004		20.53	8.56	1.59	20.48	10.50	39.71	28.73	28.84
Net Interest Margin	2005	33,428,184	5,651,000	1,100,000	4,829,000	681,000	8,077,000	698,700	7,271,000
	2004	29,884,819	4,556,000	1,348,000	4,266,000	593,900	7,145,000	380,800	6,149,000
Percentage growth on 2004		11.86	24.03	(18.40)	13.20	14.67	13.04	83.48	18.25
Total Staff Costs	2005	23,054,091	2,432,000	908,000	2,855,000	107,700	5,992,000	144,500	6,318,000
	2004	20,793,413	2,289,000	1,019,000	2,704,000	110,400	5,188,000	119,600	5,227,000
Percentage growth on 2004		10.87	6.25	(10.89)	5.58	(2.45)	15.50	20.82	20.87
Other Administrative Expenses	2005	15,928,271	1,835,000	816,000	1,977,000	288,500	4,129,000	81,600	3,768,000
	2004	14,878,424	1,686,000	1,202,000	1,954,000	154,500	3,500,000	80,500	2,990,000
Percentage growth on 2004		7.06	8.84	(32.11)	1.18	86.73	17.97	1.37	26.02
Depreciation and Amortisation	2005	4,825,681	936,000	199,000	639,000	10,200	1,825,000	23,300	362,000
	2004	4,819,005	751,000	547,000	639,000	11,400	1,674,000	18,200	297,000
Percentage growth on 2004		0.14	24.63	(63.62)	0.00	(10.53)	9.02	28.02	21.89
Provisions For Bad & Doubtful Debt	2005	7,709,638	1,599,000	218,000	1,299,000	11,500	1,707,000	56,600	1,571,000
	2004	5,360,725	1,201,000	(55,000)	866,000	(32,200)	1,485,000	48,500	1,093,000
Percentage growth on 2004		43.82	33.14	496.36	50.00	135.71	14.95	16.70	43.73
Total Operating Expenses	2005	84,432,821	18,550,000	5,827,000	18,956,000	417,900	17,966,000	330,700	12,743,000
	2004	74,949,032	17,855,000	3,960,000	15,785,000	244,100	16,107,000	283,900	10,888,000
Percentage growth on 2004		12.65	3.89	47.15	20.09	71.20	11.54	16.48	17.04
Profit before Tax	2005	28,319,044	4,808,000	596,000	3,820,000	399,800	7,936,000	494,200	5,280,000
	2004	24,516,438	4,609,000	(21,000)	3,477,000	499,200	7,284,000	435,300	4,580,000
Percentage growth on 2004		15.51	4.32	2938.10	9.86	(19.91)	8.95	13.53	15.28
Profit on Ordinary Acivities after Tax	2005	20,155,075	3,262,000	420,000	2,555,000	285,600	5,558,000	349,300	3,841,000
	2004	17,610,901	3,337,000	(54,000)	2,459,000	349,200	5,289,000	309,500	3,301,000
Percentage growth on 2004		14.45	(2.25)	877.78	3.90	(18.21)	5.09	12.86	16.36
Dividends Paid	2005	8,937,900	1,363,000	0	1,914,000	211,600	2,000,000	144,700	1,687,000
	2004	9,842,943	1,246,000	874,000	1,913,000	198,700	2,093,000	253,600	1,529,000
Percentage growth on 2004		(9.19)	9.39	(100.00)	0.05	6.49	(4.44)	(42.94)	10.33
Profit Retained	2005	10,610,975	1,867,000	420,000	579,000	74,000	3,501,000	204,600	1,760,000
	2004	7,120,558	1,872,000	(881,000)	479,000	150,500	3,019,000	55,900	1,725,000
Percentage growth on 2004		49.02	(0.27)	147.67	20.88	(50.83)	15.97	266.01	2.03