Company Balance Sheet

As at 31 December 2014

Notes

2014
£m

2013
£m

Fixed assets

 

 

 

Investments

7

7,365

6,493

Current assets

 

 

 

Debtors

8

2,024

1,602

Derivative assets

11

84

138

Other financial investments

 

22

3

Cash at bank and in hand

 

9

16

Current liabilities

 

 

 

Creditors: amounts falling due within one year

9

(121)

(109)

Derivative liabilities

11

(13)

(27)

Net current assets

 

2,005

1,623

Total assets less current liabilities

 

9,370

8,116

Creditors: amounts falling due after more than one year

10

(3,023)

(2,483)

Net assets

 

6,347

5,633

 

 

 

 

Capital and reserves

 

 

 

Called up share capital

13/14

149

148

Share premium account

14

969

959

Revaluation reserve

14

2,889

2,459

Capital redemption and other reserves

14

78

67

Profit and loss account

14

2,262

2,000

Total shareholders’ funds

 

6,347

5,633

The notes form an integral part of these financial statements.

The financial statements were approved by the directors on 3 March 2015 and were signed on their behalf by:

Signature John Stewart, Chairman (handwriting)

John Stewart
Chairman

Nigel Wilson
Group Chief Executive

Mark Gregory
Group Chief Financial Officer