8 DEBTORS.


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2011
£m

2010
£m

Amounts owed by Group undertakings

1,230

725

Corporation tax

41

41

Deferred tax

15

11

Other debtors

7

3

 

1,293

780

Amounts owed by Group undertakings are repayable at the request of either party and include an £88m (2010: £162m) interest bearing balance with a current interest rate of LIBOR-12.5 bps.

At 31 December 2011, there is an unrecognised deferred tax asset in respect of timing differences of £3m (2010: £4m).

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