Holiday Inn 2010 Annual Report Download - page 112
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110 IHG Annual Report and Financial Statements 2010
Parent company financial statements
Parent company balance sheet
2010 2009
31 December 2010 Note £m £m
Fixed assets
Investments 3 2,915 2,894
Current assets
Debtors 4 27 22
Creditors: amounts falling due within one year 5 (2,147) (2,048)
Net current liabilities (2,120) (2,026)
Total assets less current liabilities 795 868
Creditors: amounts falling due after one year 5 (248) (248)
Net assets 547 620
Capital and reserves
Called up share capital 6 39 39
Share premium account 7 61 49
Capital redemption reserve 7 6 6
Share-based payment reserve 7 148 127
Profit and loss account 7 293 399
Equity shareholders’ funds 547 620
Signed on behalf of the Board
Richard Solomons
14 February 2011
No profit and loss account is presented for InterContinental Hotels Group PLC as permitted by Section 408 of the Companies Act 2006.
Loss on ordinary activities after taxation amounts to £29m (2009 profit of £167m).
Notes on pages 111 to 113 form an integral part of these financial statements.