| | Notes | | 2008
£m | 2007
£m |
|---|
| Fixed assets | | | | |
| Investments | 4 | | 3,887 | 1,541 |
| | | | | |
| Current assets | | | | |
| Debtors | 5 | | 553 | 530 |
| | | | | |
| Creditors: amounts falling due within one year | | | | |
| Amounts due to subsidiary undertakings | 6 | | (144) | (15) |
| Net current assets | | | 409 | 515 |
| Total assets less current liabilities | | | 4,296 | 2,056 |
| | | | | |
| Capital and reserves | | | | |
| Called up equity share capital | 7,8 | | 103 | 58 |
| Share premium | 8 | | 59 | 40 |
| Capital reserve | 8 | | 767 | 767 |
| Warrant reserve | 8 | | 12 | 24 |
| Profit and loss account | 8 | | 3,355 | 1,167 |
| Total shareholders’ funds (including non-equity shareholder’s interests) | 8 | | 4,296 | 2,056 |
The parent company financial statements were approved by the Board of Directors on
28 May 2008 and signed on its behalf by:
| | | |
Bill ColeyChief Executive | | Stephen BillinghamFinance Director |
