| |
Notes |
2005
£m |
2004
(restated)
£m |
| Fixed assets |
|
|
|
| Tangible fixed assets |
4 |
114 |
115 |
| Investments in associates |
5 |
9 |
9 |
| Investments |
5 |
5,397 |
5,699 |
| |
|
5,520 |
5,823 |
| Current assets |
|
|
|
| Debtors |
6 |
|
|
| - Due within one year |
|
132 |
141 |
| - Due after one year |
|
30 |
20 |
| Cash at bank and in hand |
|
8 |
- |
| |
|
170 |
161 |
| Creditors: amounts falling due within one year |
|
|
|
| - Borrowings |
11 |
(2,159) |
(2,589) |
| - Other |
8 |
(118) |
(190) |
| Net current liabilities |
|
(2,107) |
(2,618) |
| Total assets less current liabilities |
|
3,413 |
3,205 |
| Creditors: amounts falling due after more than one year |
|
|
|
| - Borrowings |
11 |
(843) |
(899) |
| - Other |
9 |
(100) |
(5) |
| |
|
(943) |
(904) |
| Net assets |
|
2,470 |
2,301 |
| Equity capital and reserves |
|
|
|
| Called-up share capital |
12 |
260 |
259 |
| Share premium account |
12 |
1,135 |
1,098 |
| Revaluation reserve |
12 |
1 |
1 |
| Other reserves |
12 |
542 |
624 |
| Profit and loss account |
12 |
532 |
319 |
| Equity shareholders' funds |
|
2,470 |
2,301 |
On behalf of the Board
| Directors: |
Todd Stitzer |
| |
Ken Hanna |
13 March 2006
The accompanying notes are an integral part of the Balance sheet.
|
