Holiday Inn 2008 Annual Report Download - page 98
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96 IHG Annual Report and Financial Statements 2008
Parent company balance sheet
2008 2007
restated*
31 December 2008 Note £m £m
Fixed assets
Investments 32,878 2,851
Current assets
Debtors 4156 207
Creditors: amounts falling due within one year 5(2,526) (2,631)
Net current liabilities (2,370) (2,424)
Net assets 508 427
Capital and reserves
Called up share capital 639 40
Share premium account 742 41
Capital redemption reserve 765
Share-based payment reserve 7111 84
Profit and loss account 7310 257
Equity shareholders’ funds 508 427
* Restated following the adoption of UITF 44 (note 1).
Signed on behalf of the Board
Richard Solomons
16 February 2009
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 £186m (2007 £111m).
Notes on pages 97 to 99 form an integral part of these financial statements.
Parent company financial statements