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Financial statements
Balance Sheet at 31 March 2001
Note 2001
£m
2000
£m
Fixed assets
Tangible fixed assets 5 116.9 109.4
Current assets
Stocks 7 0.2 0.3
Debtors 8 10.0 12.2
Cash at bank and in hand 13 10.2 7.7
20.4 20.2
Creditors – amounts falling due within one year 9 (8.6 ) (9.1 )
Net current assets 11.8 11.1
Total assets less current liabilities 128.7 120.5
Provisions for liabilities and charges 10 (4.5 ) (6.5 )
Net assets 124.2 114.0
Represented by
Capital reserve 109.7 101.4
Revaluation reserve 7.2 8.0
Operating reserve 7.3 4.6
11 124.2 114.0
The financial statements were approved by the governors and the ÃÛÑ¿´«Ã½ World Service Management Board on 11 June 2001 and signed on their behalf by:
 
Sir Christopher Bland
ÃÛÑ¿´«Ã½ Chairman
 
Greg Dyke
Director-General, ÃÛÑ¿´«Ã½
 
Mark Byford
Director, ÃÛÑ¿´«Ã½ World Service
 
Andrew Hind
Finance and Business Development Director, ÃÛÑ¿´«Ã½ World Service
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