Consolidated balance sheet

Notes

2024

£’000

2023

£’000

Assets

Non-current assets

Investments

8, 10

1,228,736

1,007,206

1,228,736

1,007,206

Current assets

Trade and other receivables

12

734

1,368

Cash and cash equivalents

11

103,358

207,155

104,092

208,523

Total assets

1,332,828

1,215,729

Liabilities

Current liabilities

Trade and other payables

13

1,234

8,690

Borrowings

21

105,638

Total liabilities

106,872

8,690

Net assets attributable to shareholders

1,225,956

1,207,039

Equity

Share capital

18

1,764

1,764

Share premium

18

172,102

172,102

Retained earnings

1,052,090

1,033,173

Total shareholders' equity

1,225,956

1,207,039

Net asset per ordinary share

Basic and diluted net assets per share

17

£6.95

£6.84

Ordinary shares in issue at 31 December (‘000)

18

176,418

176,418