 |
Reed Elsevier combined businesses |
| Summary combined
balance sheet |
|
|
 |
|
 |
|
|
|
|
as at 31 December 2002 |
|
|
|
2002
£m |
|
2001
£m |
|
|
|
|
|
|
2002
 m |
|
2001
m |
|
|
|
|
|
Goodwill and intangible assets
Other fixed assets
|
|
|
|
5,814
624
|
|
6,723
730
|
|
|
|
|
|
|
8,895
955
|
|
11,026
1,197
|
|
|
|
|
Fixed assets
|
|
|
|
6,438 |
|
7,453 |
|
|
|
|
|
|
9,850 |
|
12,223
|
|
|
|
|
Current assets
Creditors: amounts falling due within one year
|
|
|
|
2,314
(3,629) |
|
2,385
(4,134) |
|
|
|
|
|
|
3,540
(5,552) |
|
3,911
(6,780)
|
|
|
|
|
Net current liabilities
|
|
|
|
(1,315) |
|
(1,749) |
|
|
|
|
|
|
(2,012)
|
|
(2,869)
|
|
|
|
|
Total assets less current liabilities
Creditors: amounts falling due after more than one year
Provisions for liabilities and charges
Minority interests
|
|
|
|
5,123
(2,270)
(187)
(7) |
|
5,704
(2,502)
(280)
(5) |
|
|
|
|
|
|
7,838
(3,473)
(286)
(11) |
|
9,354
(4,103)
(459)
(8)
|
|
|
|
Combined shareholders’
funds |
|
|
|
2,659 |
|
2,917 |
|
|
|
|
|
|
4,068 |
|
4,784 |
|
|
|
Net borrowings
|
|
|
|
2,732 |
|
3,229 |
|
|
|
|
|
|
4,180 |
|
5,296 |
|
|
|
|
