|
|
|
|
|
|
| | Notes on the consolidated balance sheet
|
|
|
|
|
|
|
|
|
|
|
15. Segmental analysis
| The tables below show net assets and total assets by location on a basis consistent with the segmental analysis of profit in note 2. For the reasons discussed in that note, the assets in any location are not matched with the revenue earned in that location. |
| |
 | | Click icon for this table in Excel format |
|
| Location of net assets | 1998 £m | 1997 £m | Restated 1996 £m |
|
| Non-interest bearing assets/(liabilities): |
| Europe, Middle East and Africa | 253 | 301 | 295 |
| Asia/Pacific | 96 | 101 | 98 |
| The Americas | 4 | 53 | 80 |
| Instinet | 84 | 114 | 37 |
| TIBCO | 28 | 6 | 4 |
| Central | (70) | (180) | (98) |
|
| Non-interest bearing net assets | 395 | 395 | 416 |
| Interest bearing net (liabilities)/assets | (6) | 1,284 | 1,043 |
|
| 389 | 1,679 | 1,459 |
|
| Central non-interest bearing liabilities consist principally of dividend and taxation liabilities partially offset by unamortised goodwill. Interest bearing net assets are stated after deducting deferred consideration which has been discounted for accounting purposes. |
| |
| Location of total assets | 1998 £m | 1997 £m | Restated 1996 £m |
|
| Europe, Middle East and Africa | 584 | 644 | 584 |
| Asia/Pacific | 213 | 224 | 206 |
| The Americas | 158 | 178 | 195 |
| Instinet | 686 | 500 | 355 |
| TIBCO | 64 | 56 | 33 |
| Central | 1,000 | 1,311 | 1,202 |
|
| 2,705 | 2,913 | 2,575 |
|
| Fixed assets | 1,098 | 1,046 | 1,026 |
| Current assets | 1,607 | 1,867 | 1,549 |
|
| 2,705 | 2,913 | 2,575 |
|
| Central assets consist principally of purchased goodwill net of accumulated amortisation, short-term investments and cash. |
|
|
|