 |
|
|
|
|
|
|
2000 |
1999 |
1998 |
|
Profit and loss account and changes in reserves for the year ended 31st December |
£m |
£m |
£m |
|
 |
|
Interest income |
4 |
2 |
2 |
|
Management charge from subsidiary undertaking |
(4) |
(2) |
(2) |
|
|
|
Operating profit |
- |
- |
- |
|
Dividends from subsidiary undertaking |
1,352 |
1,404 |
1,214 |
|
|
|
Profit on ordinary activities before tax |
1,352 |
1,404 |
1,214 |
|
Tax on profit on ordinary activities |
- |
- |
- |
|
|
|
Profit on ordinary activities after tax |
1,352 |
1,404 |
1,214 |
|
Dividends |
(927) |
(746) |
(646) |
|
|
|
Profit retained by Barclays PLC |
425 |
658 |
568 |
|
Profit retained by subsidiary undertakings |
1,133 |
372 |
88 |
|
(Loss)/profit retained by associated undertakings and joint ventures |
(12) |
(17) |
15 |
|
|
|
Profit retained for the financial year |
1,546 |
1,013 |
671 |
|
Premium arising on shares issued |
3,367 |
202 |
100 |
|
Reduction in reserves arising from repurchase of shares |
(291) |
(476) |
(472) |
|
Shares issued to the QUEST in relation to share option schemes for staff |
(114) |
(154) |
(67) |
|
Other movements in investment in Barclays Bank PLC |
29 |
72 |
72 |
|
Profit and loss account and other reserves brought forward |
6,988 |
6,331 |
6,027 |
|
|
|
Profit and loss account and other reserves carried forward |
11,525 |
6,988 |
6,331 |
|
|
|
|
|
|
|
|
|
|
2000 |
1999 |
|
Balance sheet as at 31st December |
Note |
£m |
£m |
|
|
|
Fixed assets |
|
Investment in Barclays Bank PLC |
39 |
13,187 |
8,483 |
|
|
|
Current assets |
|
Amounts falling due within one year: |
|
Due from subsidiary undertaking |
|
632 |
484 |
|
|
|
|
|
Current liabilities |
|
Amounts falling due within one year – dividend |
|
(632) |
(484) |
|
|
|
Net current assets |
|
- |
- |
|
|
|
Assets less current liabilities |
|
13,187 |
8,483 |
|
|
|
Capital and reserves |
|
Called up share capital |
37 |
1,662 |
1,495 |
|
Share premium account |
|
4,950 |
1,583 |
|
Capital redemption reserve |
|
227 |
207 |
|
Revaluation reserve |
|
5,467 |
4,317 |
|
Profit and loss account |
|
881 |
881 |
|
|
|
Shareholders’ funds – equity |
38 |
13,187 |
8,483 |
|
|
|
Sir Peter Middleton GCB Chairman
Matthew Barrett Group Chief Executive
John Varley Group Finance Director
|
