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Tesco PLC Annual Report and
Financial Statements 2008
98
Tesco PLC – Parent Company balance sheet
23 February 2008
Restated*
2008 2007
notes £m £m
Non-current assets
Investments in subsidiaries and joint ventures 59,551 8,306
Derivative financial instruments 216 –
9,767 8,306
Current assets
Derivative financial instruments 10 76 108
Debtors 66,046 5,219
Current asset investments 7491 3
6,613 5,330
Creditors – amounts falling due within one year
Borrowings 9(1,114) (823)
Derivative financial instruments 10 (413) (64)
Other creditors 8(2,037) (2,510)
(3,564) (3,397)
Net current assets 3,049 1,933
Total assets less current liabilities 12,816 10,239
Creditors – amounts falling due after more than one year
Borrowings 9(5,645) (3,970)
Derivative financial instruments 10 (86) (116)
(5,731) (4,086)
Net assets 7,085 6,153
Capital and reserves
Called up share capital 13 393 397
Share premium account 14 4,511 4,376
Profit and loss reserve 14 2,181 1,380
Total equity 7,085 6,153
* The balance sheet at 24 February 2007 has been restated. See note 1 – Accounting policies.
Accounting policies and notes forming part of these financial statements are on pages 99 to 107.
Sir Terry Leahy
Andrew Higginson
Directors
The Parent Company financial statements on pages 98 to 107 were authorised for issue by the Directors on 28 April 2008 and are subject to the approval
of the shareholders at the Annual General Meeting on 27 June 2008.
www.tesco.com/annualreport08