Section content

• Consolidated statement of total return
• Reconciliation of movement in shareholders' funds
• Consolidated revenue statement
• Consolidated balance sheet
• Parent company balance sheet
• Consolidated cash flow statement
• Accounting policies
• Notes to the accounts
• Principal subsidiary undertakings

Notes to the accounts

Notes to the accounts

	Download all the notes to accounts
1	Segmental analysis of total return
2	Realised profits on disposal of investments
3	Unrealised profits on revaluation of investments
4	Carried interest and investment performance plans
5	Interest receivable and similar income arising from debt securities and other fixed income securities held as financial fixed asset investments
6	Other interest receivable and similar income
7	Interest payable
8	Dividend income from equity shares
9	Fees receivable
10	Administrative expenses and depreciation
11	Directors' emoluments
12	Pension arrangements
13	Profit on ordinary activities before tax
14	Tax
15	Profit after tax
16	Dividends
17	Earnings and net assets per share
18	Related undertakings
19	Loans and advances to banks
20	Debt securities held for treasury purposes
21	Debt securities and other fixed income securities held as financial fixed asset investments and equity shares
22	Interests in joint ventures
23	Shares in Group undertakings
24	Tangible fixed assets
25	Other assets
26	Prepayments and accrued income
27	Deposits by banks
28	Debt securities in issue
29	Convertible bonds
30	Interest rate sensitivity gap analysis
31	Currency exposures
32	Liquidity
33	Fair value of financial assets and financial liabilities
34	Other liabilities
35	Accruals and deferred income
36	Provisions for liabilities and charges
37	Subordinated liabilities
38	Called up share capital
39	Reserves
40	Unrealised appreciation
41	Own shares
42	Restatement of prior years
43	Reconciliation of revenue profit before tax to net cash flow from operating activities
44	Analysis of changes in financing during the year
45	Reconciliation of net cash flows to movement in net debt
46	Analysis of net debt
47	Cash flows arising from management of liquid resources
48	Contingent liabilities
49	Committments
50	Special dividend