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AS AT 28 FEBRUARY 1998 |
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31 August |
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28 February |
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28 February |
1997 |
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1998 |
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1997 |
£m |
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Note |
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£m |
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£m |
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Fixed assets |
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2,728 |
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Tangible assets |
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2,711 |
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2,738 |
123 |
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Investments and loans |
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114 |
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119 |
(58) |
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Less: non recourse finance |
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(62) |
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(55) |
65 |
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52 |
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64 |
142 |
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Associated undertakings |
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134 |
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141 |
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2,935 |
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Total fixed assets |
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2,897 |
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2,943 |
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Current assets |
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996 |
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Stocks |
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998 |
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1,054 |
729 |
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Debtors due within one year |
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707 |
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719 |
286 |
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Debtors due after more than one year |
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310 |
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220 |
232 |
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Cash at bank and in hand |
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187 |
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284 |
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Creditors (due within one year) |
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(309) |
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Short-term borrowings |
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(350) |
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(443) |
(155) |
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Dividends |
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(103) |
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(98) |
(1,191) |
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Other creditors |
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(1,012) |
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(1,100) |
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588 |
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Net current assets |
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737 |
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636 |
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3,523 |
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Total assets less current liabilities |
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3,634 |
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3,579 |
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Creditors (due after one year) |
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(1,065) |
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Loan capital (including convertible debt) |
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(1,097) |
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(1,069) |
(37) |
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Other creditors |
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(36) |
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(65) |
(149) |
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Provisions for liabilities and charges |
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(163) |
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(158) |
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2,272 |
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Net assets |
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2,338 |
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2,287 |
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Capital and reserves (attributable to equity and non-equity interests) |
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269 |
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Called up share capital |
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270 |
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269 |
514 |
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Share premium account |
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521 |
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512 |
956 |
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Revaluation reserve |
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946 |
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972 |
397 |
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Profit and loss account |
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488 |
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407 |
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2,136 |
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Shareholders' funds |
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5 |
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2,225 |
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2,160 |
124 |
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Minority interests |
- equity |
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105 |
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114 |
12 |
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- non-equity |
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8 |
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13 |
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2,272 |
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2,338 |
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2,287 |
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