Holiday Inn 2004 Annual Report Download - page 22

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Reconciliation of UK GAAP balance sheet to IFRS balance sheet at 1 January 2004
Non current Current Current Non current Minority
assets assets liabilities liabilities interests Net assets Equity
£m £m £m £m £m £m £m
As reported under UK GAAP 4,281 999 (1,085) (1,478) (163) 2,554 (2,554)
Reclassify proposed dividends – – 86 – – 86 (86)
Pension accounting adjustments – (47) – (131) 57 (121) 121
Deferred tax adjustments – – – (163) (17) (180) 180
Reclassifications 30 (30) – – – – –
Under IFRS at 1 January 2004 4,311 922 (999) (1,772) (123) 2,339 (2,339)
Reconciliation of UK GAAP balance sheet to IFRS balance sheet at 31 December 2004
Non current Current Current Non current Minority
assets assets liabilities liabilities interests Net assets Equity
£m £m £m £m £m £m £m
As reported under UK GAAP 4,017 757 (1,013) (1,634) (150) 1,977 (1,977)
Reclassify proposed dividends – – 81 – – 81 (81)
Remove goodwill amortisation 10–––(1)9(9)
Pension accounting adjustments – (110) – (125) 75 (160) 160
Deferred tax adjustments – – – (134) (22) (156) 156
Reclassify assets as held for sale 15 – – 74 – 89 (89)
Reclassifications 31 (31) – – – – –
Under IFRS at 31 December 2004 4,073 616 (932) (1,819) (98) 1,840 (1,840)
International financial reporting information
20 InterContinental Hotels Group 2004