International Biotechnology Trust (IBT) 22 sept 2003 Page 15
International Biotechnology Trust plc
Unaudited Balance Sheet as at 31 August
2003 2003
2002 2002
£'000 £'000 £'000 £'000
Fixed assets
Investments
49,911
43,584
Current assets
Debtors
73
153
Investments
2,742
1,889
Cash at bank
1,615
2,912
4,430
4,954
Creditors: amounts falling
due within one year
410
643
Net current assets
4,020
4,311
Net assets
53,931
47,895
Capital and reserves
Called up share capital
11,954
12,154
Capital redemption reserve
11,043
10,843
Share purchase reserve
66,467
67,083
Capital reserve
(26,512)
(34,178)
Revenue reserve
(9,021)
(8,007)
Equity shareholders' funds
53,931
47,895
Net asset value per share
112.79p
98.52p
