CONSOLIDATED BALANCE SHEET

	(unaudited) at 30th June		At 31st December
	1997 US$m	1996 US$m	1996 US$m
Net operating assets
Intangible assets Tangible assets Associates and other investments	1.5 1,302.9 345.4	- 1,264.7 338.4	1.4 1,369.3 338.4
Fixed assets	1,649.8	1,603.1	1,709.1
Stocks Debtors and prepayments Bank balances	506.4 239.5 582.2	567.1 280.3 479.1	618.4 249.8 544.0
Current assets	1,328.1	1,326.5	1,412.2
Creditors, accruals and provisions Bank and other advances Taxation Dividends	(950.4) (163.3) (17.6) (32.0)	(919.9) (277.6) (10.1) (30.8)	(1,023.7) (125.4) (17.3) (85.1)
Current liabilities	(1,163.3)	(1,238.4)	(1,251.5)
Net current assets Term loans Other non-current liabilities	164.8 (512.7) (13.8)	88.1 (455.1) (17.0))	(160.7) (602.4) (14.2)
	1,288.1	1,219.1	1,253.2
Capital employed
Share capital Share premium Revenue and other reserves	258.3 179.6 847.1	254.7 182.1 779.1	254.9 181.9 810.6
Shareholder' funds Minority interests	1,285.0 3.1	1,1215.9 3.2	1,247.4 5.8
	1,288.1	1,219.1	1,253.2