P125 CEEFAX 125 Sun 22 Feb 20:22/05
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,,,,,,,,,,, COMPANY RESULTS ,,,,,,,,,,,
LLNXDS BANK
Final: 9.6p, →-ving 17.10p (14.25p)
Pre-tax profit: £289.9m (£276.6m)
Bad debts provision: £67.8m (£11.2m)
* CP-jrman Sir Jeremy Morse says sharp
increases in costs and in provisions
for bad debts "have marked the turndown
of the bank profit cycle in Britainb.
On a current cost basis, profits show
a small fall on the year at the pre-tax
level (£164.5m against £169.6m).
Market forecast Around £290m
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