At 31 December 2011
| Notes | 2011 £m |
2010 £m |
|
|---|---|---|---|
| Fixed assets | |||
| Tangible assets | 4 | 10.6 | 2.9 |
| Investments | 5 | 1,714.1 | 1,518.6 |
| Derivative financial assets | 10 | 20.1 | 8.5 |
| 1,744.8 | 1,530.0 | ||
| Current assets | |||
| Debtors | |||
| – due within one year | 6 | 235.8 | 219.2 |
| – due after more than one year | 7 | 3.5 | 225.5 |
| Derivative financial assets | 10 | 0.5 | – |
| Cash at bank and in hand | 128.1 | 6.2 | |
| 367.9 | 450.9 | ||
| Creditors: Amounts falling due within one year | 8 | (853.8) | (715.5) |
| Derivative financial liabilities | 10 | (8.9) | (2.1) |
| Net current liabilities | (494.8) | (266.7) | |
| Total assets less current liabilities | 1,250.0 | 1,263.3 | |
| Creditors: Amounts falling due after more than one year | 9 | (351.4) | (440.2) |
| Derivative financial liabilities | 10 | (2.5) | (13.4) |
| Net assets | 896.1 | 809.7 | |
| Called up share capital | 11 | 64.4 | 64.3 |
| Share premium account | 12 | 398.7 | 395.8 |
| Capital redemption reserve | 12 | 0.2 | 0.2 |
| Other reserve | 12 | 19.2 | 19.2 |
| Merger reserve | 12 | 13.0 | 13.0 |
| ESOP reserve | 12 | (31.2) | (33.7) |
| Capital reserve | 12 | 301.4 | 301.4 |
| Profit and loss account | 13 | 130.4 | 49.5 |
| Equity shareholders' funds | 896.1 | 809.7 |
Company number 1403668 England and Wales
These financial statements were approved by the Board of Directors on 14 March 2012 and were signed on its behalf by:
Jerry Buhlmann (Chief Executive Officer)
Nick Priday (Chief Financial Officer)