Barnsley			Bath  Investment
		2005	2004	% Change	2005	2004	% Change
1. Assets and Profits
Mortgage Debt inc. Provision	£000	263,393	241,511	9	117,016	106,286	10
Mortgage Interest Received	£000	13,214	12,644	5	6,553	5,064	29
Profit before Tax	£000	682	1,100	(38)	936	802	17
Profit before Tax as % Mean Assets	%	0.20	0.34	(41)	0.63	0.59	8
2. Losses and Provisions
Current Provision for Mortgage Losses - Specific	£000	1	7	(86)	0	0	0
Current Provision for Mortgage Losses - General	£000	150	150	0	157	145	8
Total Current Provision for Mortgage Losses as % Mean Assets	%	0.04	0.05	(9)	0.11	0.11	(0)
Bad Debts Specific & Write Offs as % Net Interest Margin	%	(0.37)	(0.09)	320	0.00	0.00	0
3. Arrears
Total  No. in Arrears > 12 Months	No.	2	1	100	0	0	0
Total Value Arrears >12 Months	£000	34	1	>1,000	0	0	0
Ave Debt Arrear Value > 12 Months	£000	17.23	0.54	>1,000	0.00	0.00	0
4. Lost Income
Lost Income from Arrears	£000	2	0	>1,000	0	0	0
Lost Income as %age of Profit before Tax	%	0.25	0.00	>1,000	0.00	0.00	0
Lost Income as %age of Mortgage Interest Received	%	0.01	0.00	>1,000	0.00	0.00	0
		2004	2003	% Change	2004	2003	% Change
1. Assets and Profits
Mortgage Debt inc. Provision	£000	241,511	229,964	5	106,286	93,617	14
Mortgage Interest Received	£000	12,644	10,694	18	5,064	4,780	6
Profit before Tax	£000	1,100	1,130	(3)	802	1,037	(23)
Profit before Tax as % Mean Assets	%	0.34	0.37	(8)	0.59	0.78	(25)
2. Losses and Provisions
Current Provision for Mortgage Losses - Specific	£000	7	2	250	0	0	0
Current Provision for Mortgage Losses - General	£000	150	150	0	145	133	9
Total Current Provision for Mortgage Losses as % Mean Assets	%	0.05	0.05	(3)	0.11	0.10	6
Bad Debts Specific & Write Offs as % Net Interest Margin	%	(0.09)	(0.80)	(89)	0.00	0.00	0
3. Arrears
Total  No. in Arrears > 12 Months	No.	1	7	(86)	0	0	0
Total Value Arrears >12 Months	£000	1	21	(97)	0	0	0
Ave Debt Arrear Value > 12 Months	£000	0.54	3.04	(82)	0.00	0.00	0
4. Lost Income
Lost Income from Arrears	£000	0	1	(97)	0	0	0
Lost Income as %age of Profit before Tax	%	0.00	0.09	(97)	0.00	0.00	0
Lost Income as %age of Mortgage Interest Received	%	0.00	0.01	(98)	0.00	0.00	0