Company balance sheet

At December 31, 2007
	Notes	2007 £m	Restated* 2006 £m
Fixed assets
Investments in shares in subsidiary undertakings at cost	3	2,212	2,193
Current assets
Amounts owed by subsidiary undertakings due within one year		413	577
Cash at bank		1	1
		414	578
Creditors – amounts falling due within one year
Financial liabilities	4	(16)	(13)
Accruals and deferred income		(3)	(3)
		(19)	(16)
Net current assets		395	562

Total assets less current liabilities		2,607	2,755
Net assets		2,607	2,755

Capital and reserves
Called-up share capital	5	364	356
Share premium account	6	67	43
Merger reserve	6	451	623
Capital redemption reserves	6	517	351
Other reserve	6	59	40
Profit and loss account	6	1,149	1,342
Equity shareholders' funds		2,607	2,755
See note 2 The financial statements were approved by the Board on February 6, 2008 and signed on its behalf by: Simon Robertson* Chairman Andrew Shilston Finance Director