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as at 31 March 2003
 
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        2003     2003     2002   2002
Assets   Notes   £m     £m     £m   £m
Treasury bills and other eligible bills             1         1
Loans and advances to banks   19         527         563
Debt securities held for treasury purposes   20         283         191
Debt securities and other fixed income securities                        
held as financial fixed asset investments                        
Loan investments   21   1,336           1,408    
Fixed income shares   21   228           324    
        1,564           1,732    
Equity shares                        
Listed   21   187           413    
Unlisted   21   2,188           2,964    
        2,375           3,377    
              3,939         5,109
Interests in joint ventures   22                    
Share of gross assets       104           133    
Share of gross liabilities       (81)           (98)    
              23         35
Intangible fixed assets                        
Goodwill   24                
Tangible fixed assets   25         45         50
Own shares   26         44         54
Other assets   27         64         61
Prepayments and accrued income   28         73         69
Total assets             4,999         6,133
                         
Liabilities                        
Deposits by banks   29         423         519
Debt securities in issue   30         1,350         1,339
Other liabilities   35         56         53
Accruals and deferred income   36         173         181
Provisions for liabilities and charges   37         10         12
Subordinated liabilities   38         51         84
              2,063         2,188
Called up share capital   39         305         305
Share premium account   40         349         342
Capital redemption reserve   40         1         1
Capital reserve   40         1,940         3,021
Revenue reserve   40         341         276
Equity shareholders’ funds             2,936         3,945
Total liabilities             4,999         6,133
Memorandum items                        
Contingent liabilities                        
Guarantees and assets pledged as collateral security   48         19         27
Commitments   49         270         411
                         
Approved by the Board                        
                         
                         
Baroness Hogg                        
Brian Larcombe                        
Directors                        
 
14 May 2003