Balance Sheet of GKN plc
At 31 December 2007
|
|
Notes |
2007
£m |
2006
£m |
| Fixed assets |
|
|
|
| Investment in subsidiaries at cost |
2
|
3,565 |
3,559 |
| Current assets |
|
|
|
| Amounts due from subsidiaries |
|
63 |
50 |
| Current liabilities |
|
|
|
| Amounts owed to subsidiaries |
|
(2,709) |
(2,772) |
|
|
|
(2,709) |
(2,772) |
| Net current liabilities |
|
(2,646) |
(2,722) |
| Total assets less current liabilities |
|
919 |
837 |
| Net assets |
|
919 |
837 |
| Capital and reserves |
|
|
|
| Called up share capital |
4
|
372 |
371 |
| Share premium account |
4
|
29 |
25 |
| Profit and loss account |
1,3 |
518 |
441 |
|
|
|
919 |
837 |
The financial statements were approved by the Board of Directors and authorised for issue on 27 February 2008. They were signed on its behalf by:
Roy Brown, Sir Kevin Smith, Bill Seeger, Directors