Annual review > Summary financial statement > Summary group balance sheet


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Summary group balance sheet
at 31 March 2004


	2004 £m		2003 £m

Fixed assets	16,068		16,661

Current assets	10,550		11,556
Creditors: amounts falling due within one year	(8,548	)	(9,680	)

Net current assets	2,002		1,876

Total assets less current liabilities	18,070		18,537

Creditors: amounts falling due after one year	12,426		13,456
Provisions for liabilities and charges	2,504		2,376
Minority interests	46		63
Capital and reserves (c)	3,094		2,642

	18,070		18,537

(c) BT Group plc, the company, had capital and reserves at 31 March 2004 of £10 billion.

Net debt chart