Profile & highlights Creating value At a glance Acting Chairman's remarks Chief Executive's review Review of operations Finance Director's review Board of directors Report of the directors Directors' remuneration Financial statements & notes Shareholders' information Downloads    © Rolls-Royce Group plc 2004    Legal information
		prev: Group profit and loss account next: Group cash flow statement back: Financial statements menu pdf [104k]     Group   Company   Notes 2003 £m 2002 £m   2003 £m Fixed assets Intangible assets 9 863 868   — Tangible assets 10 1,750 1,876   — Investments – subsidiary undertakings 11 — —   2,153 Investments – joint ventures 12 202 195   — Investments –   share of gross assets   1,113 1,160     Investments –   share of gross liabilities   (916) (971)     Investments –   goodwill   5 6     Investments – other 13 64 71   —     2,879 3,010   2,153 Current assets Stocks 14 962 1,158   — Debtors – amounts falling due within one year 15 1,497 1,487   1 Debtors – amounts falling due after one year 16 1,109 926   — Short-term deposits and investments 17 174 84   — Cash at bank and in hand   794 634   —     4,536 4,289   1 Creditors – amounts falling due within one year Borrowings 18 (94) (275)   — Other creditors 19 (2,759) (2,727)   (53) Net current assets   1,683 1,287   (52) Total assets less current liabilities   4,562 4,297   2,101 Creditors – amounts falling due after one year Borrowings 20 (1,197) (1,038)   — Other creditors 21 (426) (450)   — Provisions for liabilities and charges 22 (795) (772)   —     2,144 2,037   2,101 Capital and reserves Called-up share capital 25 333 323   333 Share premium account 26 1 634   1 Revaluation reserve 26 96 100   — Other reserves 26 3 195   1,004 Profit and loss account 26 1,708 783   763 Equity shareholders' funds   2,141 2,035   2,101 Equity minority interests in subsidiary undertakings   3 2   —     2,144 2,037   2,101   There are no comparatives for the 2003 Company balance sheet as the Company was incorporated on March 21, 2003 (see Accounting policies – Basis of consolidation). The financial statements were approved by the Board on February 11, 2004 and signed on its behalf by: Lord Moore of Lower Marsh Acting Chairman, Andrew Shilston Finance Director.