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- Highlights
- Messages to Shareholders
- Business Overview
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- Operating and Financial Review
- Corporate Governance
- Directors’ Reports
- Independent Reports
- Financial Statements
- Statement of Directors’ responsibilities
- Accounting policies
- Consolidated income statement
- Consolidated balance sheet
- Consolidated statement of recognised income and expense
- Consolidated cash flow statement
- Notes to the accounts
- Company Financial Statements
- General Information
- Shareholder Information

Financial Statements
- Adoption of new accounting standards
- Segmental analysis
- Other operating income
- Operating costs
- Exceptional items and remeasurements
- Payroll costs and employees
- Directors’ emoluments
- Pensions and other post–retirement
benefits - Finance income and costs
- Taxation
- Discontinued operations
- Dividends
- Earnings per share
- Goodwill
- Acquisitions
- Other intangible assets
- Property, plant and equipment
- Investments in joint ventures
- Deferred tax assets and liabilities
- Other non–current receivables
- Financial and other investments
- Derivative financial instruments
- Financial risk factors
- Inventories
- Trade and other receivables
- Cash and cash equivalents
- Borrowings
- Trade and other payables
- Other non–current liabilities
- Provisions
- Share capital
- Reconcilliation of movements in total equity
- Consolidated cash flow statement
- Related party transactions
- Commitments and contingencies
- Subsidiary undertakings and joint ventures
- Subsequent events
- Differences between IFRS and US generally accepted accounting principles
- Condensed US GAAP financial information
- National Grid Gas plc additional US GAAP disclosures
3. Other operating income
Other operating income represents income on disposal of property, plant and equipment, principally properties disposed of by our property management business.