Holiday Inn 2012 Annual Report Download - page 132
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130 IHG Annual Report and Financial Statements 2012
Parent Company Financial Statements
Parent company balance sheet
2012 2011
31 December 2012 Note £m £m
Fixed assets
Investments 3 2,951 2,934
Current assets
Debtors
4 16 18
Creditors: amounts falling due within one year 5 (1,440) (1,960)
Net current liabilities (1,424) (1,942)
Total assets less current liabilities 1,527 992
Creditors: amounts falling due after one year
5 (644) (249)
Net assets 883 743
Capital and reserves
Called up share capital 6 39 39
Share premium account 7 72 66
Capital redemption reserve 7 7 6
Share-based payment reserve 7 184 167
Profit and loss account 7 581 465
Equity shareholders’ funds 883 743
Signed on behalf of the Board
Tom Singer
18 February 2013
No profit and loss account is presented for InterContinental Hotels Group PLC as permitted by Section 408 of the Companies Act 2006.
Profit on ordinary activities after taxation amounts to £610m (2011 £264m).
Notes on pages 131 to 133 form an integral part of these Financial Statements.