at 31 March
|
Note |
2005
£m |
|
2004
£m |
|
| Fixed assets |
|
|
|
|
|
| Tangible fixed assets |
5 |
155.8 |
|
144.1 |
|
| Current assets |
|
|
|
|
|
| Stocks |
7 |
0.1 |
|
0.2 |
|
| Debtors |
8 |
9.5 |
|
9.5 |
|
| Cash at bank and in hand |
13 |
11.8 |
|
12.5 |
|
| |
|
21.4 |
|
22.2 |
|
| Creditors - amounts falling due within one year |
9 |
(12.1 |
) |
(8.2 |
) |
| Net current assets |
|
9.3 |
|
14.0 |
|
| Total assets less current liabilities |
|
165.1 |
|
158.1 |
|
| Provisions for liabilities and charges |
10 |
(5.0 |
) |
(5.6 |
) |
| Net assets |
|
160.1 |
|
152.5 |
|
| |
|
|
|
|
|
| Represented by |
|
|
|
|
|
| Capital reserve |
|
148.5 |
|
135.7 |
|
| Revaluation reserve |
|
4.0 |
|
4.8 |
|
| Operating reserve |
|
7.6 |
|
12.0 |
|
| |
11 |
160.1 |
|
152.5 |
|
The financial statements were approved by the Board of Governors and the BBC World Service
Management Board on 16 June 2005 and signed on their behalf by:
Michael Grade
BBC Chairman
Mark Thompson
Director-General, BBC
Nigel Chapman
Director, BBC World Service
Alison Woodhams
Chief Operating Officer and Director of Finance, BBC World Service
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