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76 National Grid Gas plc Annual Report and Accounts 2009/10
Company balance sheet
at 31 March
2010 2009
Notes
£m £m
Fixed assets
Tangible assets
6
6,925 6,810
Investments
7
17 17
6,942 6,827
Current assets
Stock
8
43 34
Debtors (amounts falling due within one year)
9
297 449
Debtors (amounts falling due after more than one year)
9
5,619 5,617
Derivative financial instruments (amounts falling due within one year)
10
72 122
Derivative financial instruments (amounts falling due after more than one year)
10
565 688
Current asset investments 398 1,031
6,994 7,941
Creditors (amounts falling due within one year)
Borrowing
s
13
(1,161) (1,793)
Derivative financial instruments
10
(30) (67)
Other creditors (813) (817)
11
(2,004) (2,677)
Net current assets 4,990 5,264
Total assets less current liabilities 11,932 12,091
Creditors (amounts falling due after more than one year)
Borrowing
s
13
(6,637) (6,871)
Derivative financial instruments
10
(121) (42)
Other creditors (718) (734)
12
(7,476) (7,647)
Provisions for liabilities and charges
14
(986) (957)
Net assets employed 3,470 3,487
Capital and reserves
Called up share capital
15
45 45
Share premium account
16
204 204
Cash flow hedge reserve
16
(44) 3
Other reserves
16
1,332 1,332
Profit and loss account
16
1,933 1,903
Total shareholders' funds 3,470 3,487
Commitments and contingencies are shown in note 17 to the Company financial statements.
Paul Whittaker Director
Adam Wiltshire Director
The notes on pages 77 to 83 form part of the individual financial statements of the Company, which were approved by the Board of Directors
on 2 July 2010 and were signed on its behalf by: