Tesco 2010 Annual Report Download - page 128

Download and view the complete annual report

Please find page 128 of the 2010 Tesco annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 136

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136

Notes to the Parent Company financial statements continued
Note 6 Debtors
2010 2009
£m £m
Amounts owed by Group undertakings 13,948 8,587
Amounts owed by joint ventures and associates(a) 128 106
Other debtors 100 112
Deferred tax asset(b) 8 10
Total 14,184 8,815
(a) The amounts due from joint ventures and associates of £128m (2009 – £106m) are due after more than one year.
(b) The deferred tax asset recognised by the Company, and the movements thereon, during the year are as follows:
FRS 25 Other timing
and FRS 26 differences Total
£m £m £m
At 28 February 2009 11 (1) 10
Charge to profit and loss account for the year (1) (1) (2)
At 27 February 2010 10 (2) 8
Note 7 Current asset investments
2010 2009
£m £m
Bonds and deposits 1,997 2,970
Note 8 Other creditors
2010 2009
£m £m
Amounts falling due within one year:
Other tax and social security 1 –
Amounts owed to Group undertakings 8,639 2,141
Other liabilities 310 421
Accruals and deferred income – 7
8,950 2,569
126 Tesco PLC Annual Report and Financial Statements 2010