Notes to the financial statements


14     FINANCIAL INSTRUMENTS BY CATEGORY

At 31 March 2008 Available for
sale financial
assets
£m
Loans and
receivables
£m
Financial
liabilities at fair
value through
profit and loss
£m
Financial
liabilities at
amortised
cost
£m
Total
£m
Available for sale financial assets 2.0 2.0
Derivative financial instruments (0.1) (0.1)
Net trade receivables 10.8 10.8
Trade payables (4.2) (4.2)
Accruals – cash settled (11.5) (11.5)
Provisions for vacant property leases (2.2) (2.2)
Borrowings (20.4) (20.4)
Cash and cash equivalents 1.0 1.0
  2.0 11.8 (0.1) (38.3) (24.6)
           
At 31 March 2007          
Available for sale financial assets 2.0 2.0
Derivative financial instruments
Net trade receivables 11.3 11.3
Trade payables (7.2) (7.2)
Accruals – cash settled (10.2) (10.2)
Provisions for vacant property leases (4.1) (4.1)
Borrowings (25.0) (25.0)
Cash and cash equivalents 3.6 3.6
  2.0 14.9 (46.5) (29.6)

The carrying amounts of the Company’s various categories of financial instruments are as follows:

At 31 March 2008 Available for
sale financial
assets
£m
Loans and
receivables
£m
Financial
liabilities at fair
value through
profit and loss
£m
Financial
liabilities at
amortised
cost
£m
Total
£m
Available for sale financial assets 2.0 2.0
Derivative financial instruments (0.1) (0.1)
Net trade receivables 10.8 10.8
Receivables from subsidiaries 0.1 0.1
Trade payables (4.2) (4.2)
Payable to subsidiaries (68.3) (68.3)
Accruals – cash settled (11.5) (11.5)
Provisions for vacant property leases (2.2) (2.2)
Borrowings (20.4) (20.4)
Cash and cash equivalents 1.0 0.9
  2.0 11.8 (0.1) (106.4) (92.7)
           
At 31 March 2007          
Available for sale financial assets 2.0 2.0
Derivative financial instruments
Net trade receivables 11.3 11.3
Receivables from subsidiaries
Trade payables (7.2) (7.2)
Payable to subsidiaries (64.0) (64.0)
Accruals – cash settled (10.2) (10.2)
Provisions for vacant property leases (4.1) (4.1)
Borrowings (25.0) (25.0)
Cash and cash equivalents 3.6 3.6
  2.0 14.9 (110.3) (93.4)

back to top    x close