Note 11

11(a). Creditors: due after more than one year

11(a). Creditors: due after more than one year

 

2009
£m

2008
£m

Accruals and deferred income

0.1

0.3

Preference shares

0.1

 

0.1

0.4

11(b). Preference share capital
11(b). Preference share capital

 

2009
£m

2008
£m

Authorised, issued, called up and fully paid:

 

 

100,000 4% cumulative preference shares of £1 each

0.1

Following High Court approval on 11 June 2008, the Company cancelled and repaid the 4% cumulative preference shares of Guardian Media Group plc together with the accrued dividend up to and including the date of cancellation.