Note2014
£000
2013
£000
Fixed assets
Tangible assets460,76061,376
Intangible assets652789
Investments598,95996,360
160,371158,525
Current assets
Debtors663,02167,121
Cash at bank and in hand
63,02167,121
Creditors — amounts falling due within one year7(115,879)(173,874)
Net current liabilities(52,858)(106,753)
Total assets less current liabilities107,51351,772
Capital and reserves
Share capital97,4372,231
Share premium1085,70246,152
Other reserves11620377
Profit and loss account1213,7543,012
Equity and total shareholders' funds107,51351,772

The financial statements were approved by the board of directors on 11 July 2014 and signed on its behalf by:

Ian Lawson
Chief executive officer

Alan Dunsmore
Group finance director

Severfield plc
Registered in England No: 1721262