Parent Company balance sheet

At 1 March 2008

  Notes 1 March
2008
£m
3 March
2007
£m
Fixed assets
Investments in subsidiary 5 2,895.6 2,895.6
Current assets
Debtors – amounts falling due within one year 6 163.8 179.4
Current liabilities
Creditors – amounts falling due within one year 7 (297.9) (209.7)
Net current liabilities   (134.1) (30.3)
Total assets less current liabilities   2,761.5 2,865.3
Net assets   2,761.5 2,865.3
Capital and reserves
Called up share capital 8 87.7 87.7
Profit and loss account 9 2,673.8 2,777.6
Equity shareholders’ funds   2,761.5 2,865.3

The financial statements were approved by the Board of Directors on 30 April 2008 and were signed on its behalf by:

Terry Duddy, Chief Executive Richard Ashton, Finance Director