| Note | 2014
£000 | 2013
£000 |
|---|
| Fixed assets | | | |
| Investments | iii | 242,065 | 251,104 |
| Intangible assets | iv | 3,879 | 4,390 |
| Tangible assets | v | 208 | 207 |
| | 246,152 | 255,701 |
| Current assets | | | |
| Debtors (includes amounts falling due after more than one year of £501,000 (2013: £579,000)) | vi | 16,560 | 40,978 |
| Cash at bank and in hand | | — | — |
| | 16,560 | 40,978 |
| Creditors: amounts falling due within one year | vii | (48,841) | (50,331) |
| Net current liabilities | | (32,281) | (9,353) |
| Total assets less current liabilities | | 213,871 | 246,348 |
| Creditors: amounts falling due after more than one year | vii | (31,653) | (103,698) |
| Net assets | | 182,218 | 142,650 |
| Capital and reserves | | | |
| Called up share capital | x | 877 | 872 |
| Share premium account | xi | 124,429 | 123,485 |
| Own shares | xi | (606) | — |
| Hedging reserve | xi | (132) | — |
| Profit and loss account | xi | 57,650 | 18,293 |
| Total equity shareholders' funds | | 182,218 | 142,650 |
The financial statements were approved by the Board of Directors on 8 September 2014 and are signed on its behalf by:
Ian Page
Chief Executive Officer
8 September 2014
Anne-Francoise Nesmes
Chief Financial Officer
8 September 2014
Company number: 3369634