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Annual Report
and Accounts
2008/09

  • Consolidated financial statements
    • Statement of Directors’ responsibilities
    • Independent Auditors’ report to the Members of National Grid plc
    • Accounting policies
    • Adoption of new accounting standards
    • Consolidated income statement
    • Consolidated balance sheet
    • Consolidated statement of recognised income and expense
    • Consolidated cash flow statement
    • Notes to the consolidated financial statements – analysis of items in the primary statements
    • Notes to the consolidated financial statements – supplementary information
  • Company financial statements under UK GAAP

Notes to the consolidated financial statements

  • 1. Segmental analysis
  • 2. Other operating income
  • 3. Operating costs
  • 4. Exceptional items, remeasurements and stranded cost recoveries
  • 5. Pensions and other post-retirement benefits
  • 6. Finance income and costs
  • 7. Taxation
  • 8. Discontinued operations
  • 9. Dividends
  • 10. Earnings per share
  • 11. Goodwill
  • 12. Other intangible assets
  • 13. Property, plant and equipment
  • 14. Other non-current assets
  • 15. Financial and other investments
  • 16. Deferred tax assets and liabilities
  • 17. Derivative financial instruments
  • 18. Inventories and current intangible assets
  • 19. Trade and other receivables
  • 20. Cash and cash equivalents
  • 21. Borrowings
  • 22. Trade and other payables
  • 23. Other non-current liabilities
  • 24. Provisions
  • 25. Share capital
  • 26. Reconciliation of movements in total equity
  • 27. Consolidated cash flow statement

2. Other operating income

Other operating income includes: income on the disposal of property, plant and equipment, principally properties disposed of by our property management business; emissions trading income; pension deficit recovery; and income on the disposal of a telecoms business.

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