Holiday Inn 2006 Annual Report Download - page 90

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Parent company financial statements
Company balance sheet
2006 2005
31 December 2006 note £m £m
Fixed assets
Investments 32,767 2,767
Current assets
Debtors 429 137
Creditors: amounts falling due within one year 5(1,624) (1,086)
Net current liabilities (1,595) (949)
Creditors: amounts due after more than one year 6(102) –
Net assets 1,070 1,818
Capital and reserves
Called up share capital 741 43
Share premium account 825 6
Capital redemption reserve 841
Profit and loss account 81,000 1,768
Equity shareholders’ funds 1,070 1,818
Signed on behalf of the Board
Richard Solomons
19 February 2007
No profit and loss account is presented for InterContinental Hotels Group PLC as permitted by Section 230 of the Companies
Act 1985. Profit on ordinary activities after taxation amounts to £53m (2005 loss of £851m).
Notes on pages 89 to 91 form an integral part of these financial statements.
88 IHG Annual report and financial statements 2006