228 ITV plc Annual Report and Accounts 2023 ITV plc Annual Report and Accounts 2023 229 F I NOTES TO THE FINANCIAL STATEMENTS ITV PLC COMPANY FINANCIAL STATEMENTS NAN SECTION 5: OTHER NOTES CONTINUED C I AL Company number Company name Company number Company name Statement of Financial Position S T 01565625 ITV Properties (Developments) Limited 12116627 WP Karen Pirie Limited A 13087782 ITV Ralph and Katie Limited 14988579 WP Lockerbie Limited 2023 2022 T E 14460328 ITV RE Limited 11109287 WP LOD5 Limited As at 31 December Note £m £m M E 08554937 ITV Shetland Limited 12116457 WP LOD6 Limited Non-current assets N 11723826 ITV Spy Limited 13087865 WP Malpractice Limited T 02203983 ITV Studios Global Distribution Limited 12116461 WP Pembrokeshire Limited Investments in subsidiary undertakings iii 3,224 3,224 S 09498877 ITV TFG Holdings Limited 13087860 WP RM Limited Derivative financial instruments vi 2 2 11107934 ITV The Bay Limited 11109929 WP Save Me 2 Limited Other receivables 4 – 13087693 ITV The Reckoning Limited 12368475 WP Showtrial Limited Deferred tax asset 2 3 12368504 ITV TLC Limited 14653603 WP The Gathering Limited 09498177 ITV Top Class Limited 12368477 WP The Suspect Limited 3,232 3,229 14048049 ITV Venturer Limited 11109437 WP Vigil Limited Current assets ITV Properties (Jersey) Limited is exempt from audit under article 113 of the Companies Act (Jersey) Law 1991. Amounts owed by subsidiary undertakings due within one year iv 3,569 2,954 Amounts owed by subsidiary undertakings due after more than one year iv 97 96 Amounts owed by subsidiary undertakings iv 3,666 3,050 Derivative financial instruments vi 5 7 Other receivables 28 17 Cash and cash equivalents v 226 197 3,925 3,271 Borrowings – (279) Amounts owed to subsidiary undertakings iv (3,563) (2,681) Accruals (9) (8) Derivative financial instruments vi (5) (8) Current liabilities (3,577) (2,976) Net current assets 348 295 Borrowings v (750) (531) Derivative financial instruments vi (16) (10) Non-current liabilities (766) (541) Net assets 2,814 2,983 Share capital vii 406 403 Share premium viii 174 174 Other reserves viii 34 29 Retained earnings viii 2,200 2,377 Total shareholders’ funds 2,814 2,983 The Company has elected to take the exemption under section 408 of the Companies Act 2006 from presenting the parent company Income Statement. The Company’s profit for the year was £7 million (2022: profit of £800 million). The financial statements on pages 229 to 242 were approved by the Board of Directors on 7 March 2024 and signed on its behalf by Chris Kennedy Director