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| All figures in £ millions | Notes | 2006 | 2005 |
|---|---|---|---|
| Assets | |||
| Non-current assets | |||
| Investments in subsidiaries | 2 | 7,103 | 6,883 |
| Amounts due from subsidiaries | 460 | 289 | |
| Financial assets – Derivative financial instruments | 5 | 36 | 79 |
| Other financial assets | 1 | 1 | |
| 7,600 | 7,252 | ||
| Current assets | |||
| Amounts due from subsidiaries | 1,372 | 691 | |
| Current income tax assets | 73 | 67 | |
| Cash and cash equivalents (excluding overdrafts) | 3 | 153 | 598 |
| Financial assets – Derivative financial instruments | 5 | 50 | – |
| Other assets | 1 | 3 | |
| Total assets | 9,249 | 8,611 | |
| Liabilities | |||
| Non-current liabilities | |||
| Financial liabilities – Borrowings | 4 | (761) | (1,261) |
| Financial liabilities – Derivative financial instruments | 5 | (19) | (22) |
| Amounts due to subsidiaries | (519) | (591) | |
| (1,299) | (1,874) | ||
| Current liabilities | |||
| Other liabilities | (17) | (1) | |
| Financial liabilities – Borrowings | 4 | (784) | (366) |
| Amounts due to subsidiaries | (3,194) | (2,274) | |
| Total liabilities | (5,294) | (4,515) | |
| Net assets | 3,955 | 4,096 | |
| Equity | |||
| Share capital | 6 | 202 | 201 |
| Share premium | 6 | 2,487 | 2,477 |
| Treasury shares | 7 | (65) | (55) |
| Other reserves | 8 | 447 | 447 |
| Retained earnings | 8 | 884 | 1,026 |
| Total equity attributable to equity holders of the Company | 3,955 | 4,096 | |
These financial statements have been approved for issue by the board of directors on 9 March 2007 and signed on its behalf by
Robin Freestone, Chief financial officer