Company Balance Sheet
(COMPANY NUMBER: SC177553)
As at 31 December 2013
|
Notes |
2013 £ million |
2012 £ million |
|
|
Fixed assets |
|||
|
Tangible assets |
5 |
5 |
|
|
Investments |
666 |
562 |
|
|
671 |
567 |
||
|
Current assets |
|||
|
Debtors |
571 |
659 |
|
|
Cash at bank and in hand |
2 |
4 |
|
|
573 |
663 |
||
|
Creditors – amounts falling due within one year |
|||
|
Bank loans and overdrafts |
(2) |
(148) |
|
|
Derivative financial instruments |
– |
(1) |
|
|
Other creditors |
(322) |
(209) |
|
|
Net current assets |
249 |
305 |
|
|
Total assets less current liabilities |
920 |
872 |
|
|
Creditors – amounts falling due after more than one year |
|||
|
Bank loans and overdrafts |
(357) |
(422) |
|
|
Derivative financial instruments |
(8) |
(13) |
|
|
Retirement benefit obligation |
(5) |
(3) |
|
|
Net assets |
550 |
434 |
|
|
Shareholders' equity |
|||
|
Called up share capital |
49 |
49 |
|
|
Share premium |
20 |
19 |
|
|
Capital redemption reserve |
6 |
6 |
|
|
Treasury shares |
(24) |
(34) |
|
|
Hedging reserve |
(6) |
(10) |
|
|
Profit and loss account |
505 |
404 |
|
|
Total shareholders' funds |
550 |
434 |
The financial statements were approved by the Board of Directors on 6 March 2014 and signed on its behalf by:
 |
 |
|
K Hanna |
A G Cockburn Chief Financial Officer |