BT 2014 Annual Report Download - page 182

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179
Financial statements
Financial statements
2014
£m
2013
£m
At 31 March
Fixed assets
Investments in subsidiary undertakingsa10,616 10,556
Total Ƭxed assets 10,616 10,556
Current assets
Cash at bank and in hand 5 5
Total current assets 5 5
Creditors amounts falling due within one yearb1,260 1,229
Net current liabilities (1,255) (1,224)
Total assets less current liabilities 9,361 9,332
Capital and reserves
Called up share capital 408 408
Share premium account 62 62
Capital redemption reserve 27 27
Own shares (829) (832)
Prot and loss account 9,693 9,667
Total equity shareholders’ fundsc9,361 9,332
a
Throughout 201314 and 201213, the company held a 100% investment in BT Group Investments /imited, a company registered in England and Wales.
b Creditors consists of amounts owed to subsidiary undertakings of £1,237m (201213: £1,208m) and other creditors of £23m (201213: £21m).
c The movements in total eTuity shareholderso funds are shown on page 180.
The nancial statements of the company on pages 178 to 180 were approved by the Board of the directors on 7 May 2014 and were signed on
its behalf by
Sir Michael Rake
Chairman
Gavin Patterson
Chief Executive
Tony Chanmugam
Group Finance Director
BT Group plc company balance sheet