BSkyB achieves 5 million dth subscriber target early as the company reports 5,051,000 dth subscribers as at 31 December 2000

Consolidated balance sheet as at 31 December 2000

		31 December 2000		31 December 1999			30 June 2000
			£m		£m		£m
	Notes		(unaudited)		(unaudited)		(audited)
Fixed assets
Intangible assets	8		256.6		-		-
Tangible assets			247.2		218.8		224.9
Investments	9		1,483.8		143.4		1,660.6
			1,987.6		362.2		1,885.5
Current assets
Stocks			483.2		450.1		358.2
Debtors: Amounts falling due within one year			456.3		345.5		301.5
Debtors: Amounts falling due after more than one year		288.5		174.5		302.6
	Cash at bank and in hand			42.4		245.3		281.2
			1,270.4		1,215.4		1,243.5
Creditors: Amounts falling due within one year
- short-term borrowings			(0.1)		(0.1)		(13.8)
- other creditors			(994.9)		(852.8)		(808.9)
			(995.0)		(852.9)		(822.7)
Net current assets			275.4		362.5		420.8
Total assets less current liabilities			2,263.0		724.7		2,306.3
Creditors: Amounts falling due after more than one year
	- long-term borrowings			(1,482.2)		(1,077.4)		(1,412.4)
- other creditors			(17.1)		(27.5)		(22.0)
			(1,499.3)		(1,104.9)		(1,434.4)
Provisions for liabilities and charges	10		(123.2)		(285.1)		(225.5)
			640.5		(665.3)		646.4
Capital and reserves - equity
Called-up share capital	11		924.2		863.8		912.9
Share premium	11		2,217.7		713.9		2,209.9
Merger reserve	11		240.0		-		-
Profit and loss account	11		(2,741.4)		(2,243.0)		(2,476.4)
			640.5		(665.3)		646.4
The accompanying notes are an integral part of this consolidated balance sheet.