(Download XLS:)  |
|
|
Notes |
2008 |
2007 |
|---|---|---|---|
|
Fixed assets |
|
|
|
|
Investments |
5,075 |
6,115 | |
|
Current assets |
|
|
|
|
Amounts owed by [Group] undertakings |
|
747 |
1,341 |
|
Tax |
|
30 |
35 |
|
Derivative assets |
280 |
74 | |
|
Other debtors |
|
9 |
13 |
|
Creditors: amounts falling due within one year |
|
|
|
|
Amounts owed to Group undertakings |
|
(9) |
(6) |
|
Other creditors and accruals |
(116) |
(48) | |
|
Net current assets |
|
941 |
1,409 |
|
Total assets less current liabilities |
|
6,016 |
7,524 |
|
Creditors: amounts falling due after more than one year |
|
|
|
|
Dated subordinated borrowings |
(1,657) |
(1,461) | |
|
Senior borrowings |
(146) |
– | |
|
Amounts owed to Group undertakings |
|
(621) |
(621) |
|
Shareholders’ net assets |
|
3,592 |
5,442 |
|
Representing capital and reserves |
|
|
|
|
Share capital |
147 |
157 | |
|
Share premium account |
936 |
927 | |
|
Capital redemption and other reserves |
54 |
39 | |
|
Revaluation reserve |
1,351 |
2,774 | |
|
Profit and loss account |
1,104 |
1,545 | |
|
Total equity |
|
3,592 |
5,442 |
The notes form an integral part of these financial statements.
The financial statements were approved by the directors on 24 March 2009 and were signed on their behalf by:
 Sir Rob Margetts |
 Tim Breedon |
 Andrew Palmer |