Company balance sheet

30 June 2009 30 June 2008
Notes £ million £ million £ million £ million
Fixed assets
Investments 4 28,249 28,300
Current assets
Amounts owed by group undertakings 472 3,108
Other debtors – due within one year 72 72
Other debtors – due after one year 56 14
Cash at bank – 18
600 3,212
Creditors – due within one year (144) (38)
Net current assets 456 3,174
Total assets less current liabilities 28,705 31,474
Creditors – due after one year
Amounts owed to group undertakings (11,468) (13,700)
Other creditors (89) (85)
Provisions for liabilities and charges (145) (143)
Net assets before post employment liabilities 17,003 17,546
Post employment liabilities (13) (13)
Net assets 16,990 17,533
Capital and reserves
Called up share capital 797 816
Share premium 1,342 1,342
Merger reserve 9,161 9,161
Other reserves 3,146 3,123
Profit and loss account 2,544 3,091
Shareholders’ funds 5 16,990 17,533

The accompanying notes are an integral part of these company financial statements.

These financial statements were approved by a duly appointed and authorised committee of the board of directors on 26 August 2009 and were signed on its behalf by PS Walsh and NC Rose, directors.