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 You are in:  Front Page > About Us > Annual Report
BBC World Service Annual Review 2001 | 2002
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Financial statements
Balance sheet at 31 March
Note 2002
£m
2001
restated
£m
Fixed assets
Tangible fixed assets 6 123.3 116.9
Current assets
Stocks 8 0.2 0.2
Debtors 9 14.8 10.0
Cash at bank and in hand 14 11.4 10.2
26.4 20.4
Creditors - amounts falling due within one year 10 (10.7 ) (8.6 )
Net current assets   15.7 11.8
Total assets less current liabilities   139.0 128.7
Provisions for liabilities and charges 11 (4.7 ) (4.2 )
Net assets   134.3 124.5
Represented by
Capital reserve   116.9 109.7
Revaluation reserve   6.4 7.2
Operating reserve   11.0 7.6
  12 134.3 124.5
Comparative figures for 2001 have been restated for the adoption of FRS 17 (see note 18)
The financial statements were approved by the Governors and the BBC World Service Management Board on 20 June 2002 and signed on their behalf by:
Gavyn Davies
BBC Chairman
Greg Dyke
Director-General, BBC
Mark Byford
Director, BBC World Service
and Global News
Andrew Hind
Finance and Business Development Director,
BBC World Service
 
 
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