Notes to the Accounts
33. Company balance sheet as at 31 Dec 2000
| all figures in £ millions | 2000 | 1999 | note |
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| Fixed assets | |||
| Tangible fixed assets | 7 | | 34 |
| Investments: subsidiaries | 2,586 | 2,401 | 34 |
| Investments: own shares | 64 | 8 | 34 |
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| 2,657 | 2,409 | ||
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| Current assets | |||
| Debtors: | |||
| Subsidiaries due within one year | 2,841 | 2,233 | |
| Associates due within one year | 65 | | |
| Subsidiaries due after more than one year | 2,289 | 1,403 | |
| Taxation | 15 | | |
| Other debtors | 11 | 6 | |
| Prepayments and accrued income | 4 | 1 | |
| Cash at bank and in hand | 56 | 7 | 20 |
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| 5,281 | 3,650 | ||
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| Creditors amounts falling due within one year | |||
| Short-term borrowing | (225) | (130) | 21 |
| Subsidiaries | (983) | (1,844) | |
| Taxation | | (20) | |
| Other creditors | (9) | (4) | |
| Accruals and deferred income | (20) | (30) | 34 |
| Dividends | (106) | (85) | |
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| (1,343) | (2,113) | ||
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| Net current assets | 3,938 | 1,537 | |
| Total assets less current liabilities | 6,595 | 3,946 | |
| Creditors amounts falling due after more than one year | |||
| Medium and long-term borrowing | (1,718) | (1,412) | 21 |
| Subsidiaries | (468) | (280) | |
| Accruals and deferred income | | (3) | 34 |
| Provisions for liabilities and charges | |||
| Deferred taxation | | (1) | 34 |
| Other provisions for liabilities and charges | (2) | (2) | |
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| (2,188) | (1,698) | ||
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| Net assets | 4,407 | 2,248 | |
| Capital and reserves | |||
| Called up share capital | 199 | 153 | 25 |
| Share premium account | 2,440 | 517 | 34 |
| Special reserve | 397 | 397 | 34 |
| Other reserves | 50 | 50 | 34 |
| Profit and loss account | 1,321 | 1,131 | 34 |
| Equity shareholders funds | 4,407 | 2,248 | |
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The financial statements were approved by the board of directors on 5 March 2001 and signed on its behalf by
Lord Stevenson John Makinson
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