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Company
balance sheet
| For the year ended 31 March |
Notes
|
2003
£m |
2002
£m |
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| Fixed assets | ||||||
| Tangible assets |
14
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–
|
2
|
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| Investments |
15
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4,505
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8,739
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4,505
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8,741
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| Current assets | ||||||
| Debtors: amounts falling due within one year |
17
|
11,973
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12,459
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| Debtors: amounts falling due after more than one year |
17
|
2
|
2
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| Cash and short-term deposits |
16
|
119
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11,991
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12,580
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| Creditors: amounts falling due within one year | ||||||
| Short-term borrowings |
18
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(316)
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(852)
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| Other creditors |
18
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(11,436)
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(11,382)
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(11,752)
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(12,234)
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| Net current assets |
239
|
346
|
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| Total assets less current liabilities |
4,744
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9,087
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| Creditors: amounts falling due after more than one year | ||||||
| Long-term borrowings |
19
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(1,741)
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(2,353)
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| Other creditors |
19
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(995)
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(497)
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(2,736)
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(2,850)
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|
2,008
|
6,237
|
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| Capital and reserves | ||||||
| Called up share capital |
23
|
875
|
875
|
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| Share premium account |
24
|
15
|
15
|
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| Capital redemption reserve |
24
|
83
|
83
|
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| Merger reserve |
24
|
927
|
4,984
|
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| Profit and loss account |
24
|
108
|
280
|
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| Shareholders’ funds – equity |
2,008
|
6,237
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These accounts were approved by the directors on
28 May 2003 and are signed on their behalf by:
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