Financial Statements

Notes to the Company Financial Statementsfor the year to 31 December 2008

5. Debtors

2008
£m
2007
£m
Receivable within one year 2,584.2 2,305.0
Due from Group undertakings 3.3 8.2
Other debtors 12.2
Prepayments and accrued income 0.8
Corporation tax debtor    
Receivable after one year    
Deferred taxation 0.5
Currency and interest rate derivatives 17.7
2,587.5 2,344.4

The movement in the deferred taxation asset is as follows:

£m
31 December 2007 0.5
Charged to profit and loss account (0.5)
31 December 2008

The deferred taxation asset relates to short term timing differences.