Financial Data
Consolidated Balance Sheet
As at 31 December 1997
| 1997 | 1996 | ||
| All Figures in £ Million | Note | ||
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| Fixed assets | |||
| Tangible assets | 506.0 | 484.0 | 10 |
| Investments: | |||
| Partnerships and associated undertakings | 197.9 | 182.6 | 11 |
| Other | 140.0 | 242.0 | 12 |
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| 843.9 | 908.6 | ||
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| Current assets | |||
| Stocks | 379.3 | 360.7 | 13 |
| Debtors | 807.0 | 669.8 | 14 |
| Investments | 7.9 | 7.9 | 15 |
| Cash and liquid resources | 214.8 | 299.0 | 16 |
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| 1,409.0 | 1,337.4 | ||
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| Creditors - amounts falling due within one year | |||
| Short term borrowing | (313.1) | (174.2) | 17 |
| Other creditors | (918.4) | (919.8) | 18 |
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| (1,231.5) | (1,094.0) | ||
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| Net current assets | 177.5 | 243.4 | |
| Total assets less current liabilities | 1,021.4 | 1,152.0 | |
| Creditors - amounts falling due after more than one year | |||
| Medium and long term borrowing | (608.8) | (555.2) | 17 |
| Other creditors | (44.8) | (15.1) | 18 |
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| (653.6) | (570.3) | ||
| Provisions for liabilities and charges | |||
| Deferred taxation | (37.2) | (30.3) | 19 |
| Other provisions for liabilities and charges | (174.6) | (159.1) | 20 |
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| Net assets | 156.0 | 392.3 | |
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| Capital and reserves | |||
| Called up share capital | 144.2 | 142.8 | 21 |
| Share premium account | 157.6 | 129.5 | 22 |
| Revaluation reserves | 3.1 | 5.4 | 22 |
| Other reserves | 1.2 | 1.2 | 22 |
| Profit and loss account | (153.6) | 109.7 | 22 |
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| Equity shareholders' funds | 152.5 | 388.6 | |
| Equity minority interests | 3.5 | 3.7 | |
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| 156.0 | 392.3 | ||
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The Company balance sheet is shown in note 29.
The final statements were approved by the board of directors on 16 March 1998 and signed on its behalf by
Sir Dennis Stevenson
John Makinson
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