When I ran it again - after a reboot - (system much more responsive) netstat gave me this
Active Connections
Proto Local Address Foreign Address State
TCP HOME_LAPTOP:epmap HOME_LAPTOP:0 LISTENING
TCP HOME_LAPTOP:microsoft-ds HOME_LAPTOP:0 LISTENING
TCP HOME_LAPTOP:1025 HOME_LAPTOP:0 LISTENING
TCP HOME_LAPTOP:1035 HOME_LAPTOP:0 LISTENING
TCP HOME_LAPTOP:1040 HOME_LAPTOP:0 LISTENING
TCP HOME_LAPTOP:1040 localhost:1051 ESTABLISHED
TCP HOME_LAPTOP:1051 localhost:1040 ESTABLISHED
TCP HOME_LAPTOP:netbios-ssn HOME_LAPTOP:0 LISTENING
TCP HOME_LAPTOP:1029 HP000D9D10B3E7:netbios-ssn ESTABLISHED
TCP HOME_LAPTOP:1052 pop-smtp1-f.bt.mail.vip.ird.yahoo.com

op3 ESTABLISHED
UDP HOME_LAPTOP:snmp *:*
UDP HOME_LAPTOP:microsoft-ds *:*
UDP HOME_LAPTOP:isakmp *:*
UDP HOME_LAPTOP:1026 *:*
UDP HOME_LAPTOP:1033 *:*
UDP HOME_LAPTOP:4500 *:*
UDP HOME_LAPTOP:1900 *:*
UDP HOME_LAPTOP:netbios-ns *:*
UDP HOME_LAPTOP:netbios-dgm *:*
UDP HOME_LAPTOP:1900 *:*