5 Investment return.

1.

Financial investment return includes fair value gains and losses, excluding fair value movements attributable to [AFS] investments, dividends and interest. Net gains/(losses) (excluding interest and dividend income) of £27,303m (2008: £(46,072)m) arose on financial investments designated as [FVTPL] and £1,851m (2008: £(866)m) arose on derivative contracts classified as [HFT]. Interest income of £93m (2008: £77m) arose on financial investments designated as AFS. There were no impairments on assets classified as AFS during the year (2008: £17m). Investment income of £144m (2008: £545m) arose on loans and receivables.

2.

Property investment return includes £283m (2008: £294m) of rental income.