National Grid 2004 Annual Report Download - page 28
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11. Fixed asset investments
The Group
The Group has £nil fixed asset investments as at 31 March 2004 (2003: £nil).
The Company
Shares in subsidiary
undertakings
£m
Cost at 1 April 2003 and 31 March 2004 16
The names of the principal Group undertakings are included in note 26.
12. Stocks
The Group and the Company
2004 2003
At 31 March £m £m
Raw materials and consumables 32 31
13. Debtors
The Group The Company
2004 2003 2004 2003
At 31 March £m £m £m £m
Amounts falling due within one year
Trade debtors 16 27 16 27
Amounts owed by fellow subsidiary undertakings 23 11 22 4
Other debtors 31 24 31 24
Prepayments and accrued income 224 243 223 243
294 305 292 298
Amounts falling due after more than one year
Amounts owed by parent undertaking 2,544 2,241 2,544 2,241
Total debtors 2,838 2,546 2,836 2,539
14. Creditors (amounts falling due within one year)
The Group The Company
2004 2003 2004 2003
At 31 March £m £m £m £m
Borrowings (note 16) 1,305 1,089 861 580
Trade creditors and accruals 362 310 362 310
Amounts owed to Group undertakings ––461 544
Amounts owed to fellow subsidiary undertakings 290 252 289 252
Corporation tax 173 –176 –
Social security and other taxes 164 165 164 165
Other creditors 172 193 150 162
Deferred income 199 200 199 200
2,665 2,209 2,662 2,213
Other creditors include interest payable of £113m (2003: £118m).
26 Transco plc_Annual Report and Accounts 2003/04
Notes to the Accounts_continued