GROUP BALANCE SHEET

as at 2nd October, 2005

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 Note 2005
£m
 2004
£m
Fixed Assets     
Intangible assets19 833.4 793.0
Tangible assets20 518.4 502.6
Investments     
    Joint ventures:     
    Share of gross assets 26.3 44.3 
    Share of gross liabilities (3.9) (21.0) 
 2222.4 23.3 
    Associates2265.0 118.2 
    Other investments23101.9 37.4 
   189.3 178.9
   1,541.1 1,474.5
Current Assets     
Stocks24 26.6 24.8
Debtors25 493.4 429.3
Short-term investments27 42.5 4.7
Cash at bank and in hand  82.3 88.0
   644.8 546.8
Creditors     
Amounts falling due within one year28 (753.9) (852.8)
Net Current Liabilities  (109.1) (306.0)
Total Assets less Current Liabilities  1,432.0 1,168.5
Creditors     
Amounts falling due after more than one year28 (906.3) (703.8)
Provisions for Liabilities and Charges29 (63.3) (62.6)
*Net Assets  462.4 402.1
Capital and Reserves     
Called up share capital31 50.2 50.2
Share premium account32 8.3 7.3
Revaluation reserve32 71.1 72.1
Other reserves32 (41.3) (25.7)
Profit and loss account32 379.9 306.8
Equity Shareholders’ Funds  468.2 410.7
Equity minority interests  (6.1) (8.6)
Non-equity minority interests  0.3 
   462.4 402.1

The accounts from Group Balance Sheet to Principal Subsidiaries were approved by the Directors on 29th November, 2005 and signed on their behalf by:

Rothermere
C J F Sinclair
Directors

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