Tesco 2001 Annual Report Download - page 22

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20 TESCO PLC
BALANCE SHEETS
24 February 2001
Group Company
2001 2000 2001 2000
note £m £m £m £m
Fixed assets
Intangible assets 11 154 136 – –
Tangible assets 12 9,580 8,140 – –
Investments 13 101 79 5,774 5,200
Investments in joint ventures 13 203 172 146 124
10,038 8,527 5,920 5,324
Current assets
Stocks 14 838 744 – –
Debtors 15 322 252 874 1,183
Investments 16 255 258 2 21
Cash at bank and in hand 279 88 – –
1,694 1,342 876 1,204
Creditors: falling due within one year 17 (4,389) (3,487) (2,518) (2,525)
Net current liabilities (2,695) (2,145) (1,642) (1,321)
Total assets less current liabilities 7,343 6,382 4,278 4,003
Creditors: falling due after more than one year 18 (1,927) (1,565) (1,819) (1,492)
Provisions for liabilities and charges 21 (24) (19) – –
Total net assets 5,392 4,798 2,459 2,511
Capital and reserves
Called up share capital 23 347 341 347 341
Share premium account 24 1,870 1,650 1,870 1,650
Other reserves 24 40 40 – –
Profit and loss account 24 3,099 2,738 242 520
Equity shareholders’ funds 5,356 4,769 2,459 2,511
Minority interests 36 29 – –
Total capital employed 5,392 4,798 2,459 2,511
Accounting policies and notes forming part of these financial statements are on pages 22 to 39.
Terry Leahy
Andrew Higginson
Directors
Financial statements approved by the Board on 9 April 2001.