Notes to the Accounts
33. Company balance sheet as at 31 dec 2001
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| all figures in £ millions | note | 2001 | 2000 |
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| Fixed assets | |||
| Tangible fixed assets | 34 | – | 7 |
| Investments: subsidiaries | 34 | 5,384 | 2,586 |
| Investments: own shares held | 34 | 24 | 64 |
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| 5,408 | 2,657 | ||
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| Current assets | |||
| Debtors: | |||
| Subsidiaries – due within one year | 2,186 | 2,841 | |
| Associates – due within one year | – | 65 | |
| Subsidiaries – due after more than one year | 1,312 | 2,289 | |
| Taxation | 17 | 15 | |
| Other debtors | – | 11 | |
| Prepayments and accrued income | 1 | 4 | |
| Cash at bank and in hand | 19 | 22 | 56 |
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| 3,538 | 5,281 | ||
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| Creditors – amounts falling due within one year | |||
| Short-term borrowing | 20 | (109) | (225) |
| Subsidiaries | (2,006) | (983) | |
| Other creditors | (1) | (9) | |
| Accruals and deferred income | (15) | (20) | |
| Dividends | (109) | (106) | |
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| (2,240) | (1,343) | ||
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| Net current assets | 1,298 | 3,938 | |
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| Total assets less current liabilities | 6,706 | 6,595 | |
| Creditors – amounts falling due after more than one year | |||
| Medium and long-term borrowing | 20 | (2,027) | (1,718) |
| Subsidiaries | (392) | (468) | |
| Provisions for liabilities and charges | (2) | (2) | |
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| (2,421) | (2,188) | ||
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| Net assets | 4,285 | 4,407 | |
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| Capital and reserves | |||
| Called up share capital | 24 | 200 | 199 |
| Share premium account | 34 | 2,459 | 2,440 |
| Special reserve | 34 | 397 | 397 |
| Other reserves | 34 | 50 | 50 |
| Profit and loss account | 34 | 1,179 | 1,321 |
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| Equity shareholders’ funds | 4,285 | 4,407 | |
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The financial statements were approved by the board of directors on 4
March 2002 and signed on its behalf by
DENNIS STEVENSON 
JOHN MAKINSON.
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