Tesco 2004 Annual Report Download - page 30

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28 TESCO PLC
BALANCE SHEETS
28 February 2004
Group Company
2004 2003 2004 2003
note £m £m £m £m £m £m
Fixed assets
Intangible assets 12 965 890  
Tangible assets 13 14,094 12,828  
Investments 14 34 59 9,077 7,820
Investments in joint ventures 14
Share of gross assets 2,006 1,708
Less: share of gross liabilities (1,712) (1,459)
Goodwill 15 17  
309 266 143 158
Investments in associates 14 21 18  
15,423 14,061 9,220 7,978
Current assets
Stocks 15 1,199 1,140  
Debtors 16 840 662 1,624 1,012
Investments 17 430 239 99
Cash at bank and in hand 670 399
3,139 2,440 1,723 1,012
Creditors:
falling due within one year 18 (5,618) (5,372) (2,456) (1,961)
Net current liabilities (2,479) (2,932) (733) (949)
Total assets less current liabilities 12,944 11,129 8,487 7,029
Creditors:
falling due after more than one year 19 (4,368) (4,049) (3,950) (3,772)
Provisions for liabilities and charges 22 (586) (521) 
Net assets 7,990 6,559 4,537 3,257
Capital and reserves
Called up share capital 24 384 362 384 362
Share premium account 25 3,470 2,465 3,470 2,465
Other reserves 25 40 40  
ProÞt and loss account 25 4,051 3,649 683 430
Equity shareholders funds 7,945 6,516 4,537 3,257
Minority interests 45 43
Total capital employed 7,990 6,559 4,537 3,257
Accounting policies and notes forming part of these Þnancial statements are on pages 30 to 55.
Terry Leahy
Andrew Higginson
Directors
Financial statements approved by the Board on 19 April 2004.