| |
 |
| Assets |
|
|
|
|
£m |
30 September
2003
(unaudited)
£m |
£m |
|
30 September
2002
(unaudited)
£m |
£m |
31 March
2003
(audited)
£m |
 |
| Treasury bills and other eligible bills
|
|
1 |
|
|
1 |
|
1 |
|
| Loans and advances to banks
|
|
800 |
|
|
695 |
|
527 |
|
| Debt securities held for treasury purposes
|
|
218 |
|
|
198 |
|
283 |
|
Debt securities and other fixed income securities
held as financial fixed asset investments
|
|
|
|
|
|
|
|
|
| Loan investments
|
1,229 |
|
1,326 |
|
|
1,336 |
|
|
| Fixed income shares
|
199 |
|
264 |
|
|
228 |
|
|
| Equity shares
|
|
|
|
|
|
|
|
|
| Listed |
168 |
|
210 |
|
|
187 |
|
|
|
Unlisted
|
2,410 |
|
2,451 |
|
|
2,188 |
|
|
| |
|
4,006 |
|
|
4,251 |
|
3,939 |
|
| Interests in joint ventures |
|
|
|
|
|
|
|
|
| Share of gross assets |
116 |
|
– |
|
|
104 |
|
|
| Share of gross liabilities |
(85) |
|
– |
|
|
(81) |
|
|
| |
|
31 |
|
|
– |
|
23 |
|
| Tangible fixed assets |
|
43 |
|
|
52 |
|
45 |
|
| Other assets |
|
214 |
|
|
185 |
|
181 |
|
| Total assets |
|
5,313 |
|
|
5,382 |
|
4,999 |
|
| |
|
|
|
|
|
|
|
| Liabilities |
|
|
|
|
|
|
|
|
| Deposits by banks |
|
290 |
|
|
343 |
|
423 |
|
| Debt securities in issue |
|
1,103 |
|
|
1,373 |
|
1,350 |
|
| Convertible bonds |
|
384 |
|
|
– |
|
– |
|
| Other liabilities |
|
217 |
|
|
221 |
|
239 |
|
| Provision for joint venture deficit |
|
|
|
|
|
|
|
|
| Share of gross assets |
– |
|
(74) |
|
|
– |
|
|
| Share of gross liabilities |
– |
|
80 |
|
|
– |
|
|
| |
|
– |
|
|
6 |
|
– |
|
| Subordinated liabilities |
|
49 |
|
|
89 |
|
51 |
|
| |
|
2,043 |
|
|
2,032 |
|
2,063 |
|
| Called up share capital |
|
306 |
|
|
305 |
|
305 |
|
| Share premium and redemption reserve |
|
355 |
|
|
347 |
|
350 |
|
| Capital reserve |
|
2,223 |
|
|
2,403 |
|
1,940 |
|
| Revenue reserve |
|
386 |
|
|
295 |
|
341 |
|
| Equity shareholders’ funds |
|
3,270 |
|
|
3,350 |
|
2,936 |
|
| Total liabilities |
|
5,313 |
|
|
5,382 |
|
4,999 |
|
| Net asset value per share |
|
|
|
|
|
|
|
|
| Basic (pence) |
|
534p |
|
|
549p |
|
481p |
|
| Diluted (pence) |
|
534p |
|
|
548p |
|
480p |
|
Approved by the Board
5 November 2003
|
|
 |