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Company balance sheet

As at 31 December 2007 Notes 2007
£m
2006
£m
Fixed assets
Investments 33 6,245.6 6,149.1
    6,245.6 6,149.1
Current assets
Debtors 34 472.5 807.6
Cash at bank and in hand   0.5
    473.0 807.6
Creditors: amounts falling due within one year 35 (621.0) (781.4)
Net current (liabilities)/assets   (148.0) 26.2
Total assets less current liabilities   6,097.6 6,175.3
Creditors: amounts falling due after more than one year 36 (823.2) (402.3)
Net assets   5,274.4 5,773.0
 
Capital and reserves
Called-up share capital 37 119.2 124.1
Share premium account 37 103.9 74.9
Shares to be issued 37 5.3 7.5
Other reserves 37 20.2 23.1
Profit and loss account 37 5,025.8 5,543.4
Equity share owners' funds   5,274.4 5,773.0

Note
The accompanying notes form an integral part of this balance sheet.

The financial statements were approved by the Board of Directors and authorised for issue on 24 April 2008.

Sir Martin Sorrell

Group chief executive

P W G Richardson

Group finance director

As provided by Section 230, Companies Act 1985, the profit and loss account for the Company has not been presented.

Included within the consolidated income statement for the year ended 31 December 2007 is a loss of £37.0 million (2006: £7.8 million) related to the Company.