RBS 2004 Annual Report Download - page 149
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section
03
147
Annual Report and Accounts 2004
Balance sheet – the company
Financial
statements
Balance sheet – the company
at 31 December 2004
2004 2003
Note £m £m
Fixed assets
Investments:
Shares in Group undertakings 17 36,870 32,354
Loans to Group undertakings 18 4,101 4,554
40,971 36,908
Current assets
Debtors:
Due by subsidiary undertakings 458 238
Debtors and prepayments 174 202
632 440
Creditors
Amounts falling due within one year:
Due to banks 66 71
Dated loan capital 30 40 40
Debt securities in issue 1,608 1,877
Other creditors 247 217
Proposed final dividend 71,308 1,059
3,269 3,264
Net current liabilities (2,637) (2,824)
Total assets less current liabilities 38,334 34,084
Creditors
Amounts falling due beyond one year:
Loans from subsidiary undertakings 162 186
Dated loan capital 30 4,810 3,714
Undated loan capital including convertible debt 31 1,085 1,639
6,057 5,539
Capital and reserves
Called up share capital 33 822 769
Share premium account 34 12,964 8,175
Other reserves 34 156 156
Revaluation reserve 34 14,970 16,857
Profit and loss account 34 3,365 2,588
Shareholders’ funds
– equity 27,757 25,622
– non-equity 34 4,520 2,923
38,334 34,084
The accounts were approved by the Board of directors on 23 February 2005 and signed on its behalf by:
Sir George Mathewson Sir Fred Goodwin Fred Watt
Chairman Group Chief Executive Group Finance Director