Annual Report and Accounts 2009

Company Balance Sheet at 31 December 2009

  Note 2009
£m
2008
£m
Fixed assets
Investment in Group undertakings 4 1,598.4 962.8
    1,598.4 962.8
Current assets
Debtors 5 2,195.4 2,587.5
Cash at bank and in hand 510.8
    2,195.4 3,098.3
Current liabilities
Bank loans and overdrafts (9.9)
Creditors: amounts falling due within one year 6 (1,261.9) (788.1)
    (1,271.8) (788.1)
Net current assets 923.6 2,310.2
Total assets less current liabilities 2,522.0 3,273.0
Creditors: amounts falling due after one year 7 (646.7) (1,917.1)
Provisions   (2.9) (4.0)
Net assets 1,872.4 1,351.9
 
Capital and reserves
Called-up share capital 9 287.7 289.6
Share premium account 10 753.6 753.6
Merger relief reserve 11
Capital redemption reserve 12 31.5 31.5
Translation reserve 13 36.1 89.6
Profit and loss account 14 768.4 463.2
Own shares 15 (4.9) (275.6)
Shareholders' funds 18 1,872.4 1,351.9

The Company has elected to take the exemption under section 408 of the Companies Act 2006 to not present the parent company profit and loss account.

The financial statements were approved by the Board of Directors and authorised for issue on 2 March 2010. They were signed on its behalf by:

Signature: P Redfern, Director
P Redfern
Director

Signature: C Rickard, Director
C Rickard
Director