Description Page - Doosan Power Systems
Description Page - Doosan Power Systems
Description Page - Doosan Power Systems
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DOOSAN BABCOCK ENERGY<br />
Annual Report and Financial Statements 2007<br />
Company balance sheet<br />
as at 31 December 2007<br />
22<br />
December December March March<br />
2007 2007 2007 2007<br />
Notes £000 £000 £000 £000<br />
Fixed Assets<br />
Intangible assets – positive goodwill 7 692 729<br />
Tangible assets 8 9,283 9,692<br />
Investments<br />
Investment in subsidiary undertakings 1,000 1,000<br />
Investment in associates 413 –<br />
9 1,413 1,000<br />
11,388 11,421<br />
Current assets<br />
Stocks 10 17,212 24,042<br />
Debtors 11 80,744 68,139<br />
Cash at bank and in hand 76,559 52,225<br />
174,515 144,406<br />
Creditors: amounts falling due within one year 12 (119,939) (94,203)<br />
Net current assets 54,576 50,203<br />
Total assets less current liabilities 65,964 61,624<br />
Creditors: amount falling due after more than one year 13 (703) (1,176)<br />
Provisions for liabilities 14 (10,797) (10,223)<br />
Net assets excluding pension liability 54,464 50,225<br />
Net pension liability 4 (11,032) ( 18,267)<br />
Net assets 43,432 31,958<br />
Capital and reserves<br />
Called up share capital 16 65,000 65,000<br />
Profit and loss account 17 (21,568) (33,042)<br />
Equity shareholders’ funds 23 43,432 31,958<br />
The accompanying notes are an integral part of this balance sheet.<br />
These financial statements were approved by the Board of Directors on 28 February 2008. Signed on behalf of the Board of Directors.<br />
I Miller<br />
Director
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