National Theatre

Balance Sheet - Comparison of Yearly Changes Between the Years 2013-14 and 2017-18

Change Change Change Change

from from from from
previous previous previous previous
1-Apr-18 year % change 26-Mar-17 year % change 27-Mar-16 year % change 29-Mar-15 year % change 30-Mar-14
Group Group Group Group Group
£m £m £m £m £m £m £m £m
Fixed Assets
Tangible assets 68.4 -1.5 -2% 69.9 -2.3 -3% 72.2 -2.1 -3% 74.3 20.9 39% 53.4
Investments 0.2 0 0% 0.2 0 0% 0.2 0 0% 0.2 0 0% 0.2
Total Fixed Assets 68.6 -1.5 -2% 70.1 -2.3 -3% 72.4 -2.1 -3% 74.5 20.9 39% 53.6

Current Assets
Stocks 0.5 0 0% 0.5 0 0% 0.5 0 0% 0.5 0 0% 0.5
Cost of productions not yet opened 0.6 -0.7 -54% 1.3 0.8 160% 0.5 -0.1 -17% 0.6 -0.7 -54% 1.3
Debtors 17.4 2.4 16% 15.0 -1.4 -9% 16.4 -0.3 -2% 16.7 -5.1 -23% 21.8
Cash at bank and in hand 24.1 -1.9 -7% 26.0 4.8 23% 21.2 7.4 54% 13.8 -6.2 -31% 20.0
Total Current Assets 42.6 -0.2 0% 42.8 4.2 11% 38.6 7.0 22% 31.6 -12.0 -28% 43.6

Liabilities
Creditors - due within one year 18.3 0.3 2% 18.0 -1.4 -7% 19.4 0.4 2% 19.0 3.9 26% 15.1
Net Current Assets 24.3 -0.5 -2% 24.8 5.6 29% 19.2 6.6 52% 12.6 -15.9 -56% 28.5

Total Assets less Current Liabilities 92.9 -2.0 94.9 3.3 91.6 87.1 82.1
Less Creditors - due after more than one year - - -0.1 0.1 0.2 -

TOTAL Net Assets 92.9 -2.0 -2% 94.9 3.4 4% 91.5 4.6 5% 86.9 4.8 6% 82.1

Funds of the Group

Operations Fund 11.7 0.2 2% 11.5 2.1 22% 9.4 5.5 141% 3.9 1.3 50% 2.6
Designated Funds 24.1 1.4 6% 22.7 2.9 15% 19.8 1.6 9% 18.2 1.2 7% 17.0
Total Unrestricted Funds 35.8 1.6 5% 34.2 5.0 17% 29.2 7.1 32% 22.1 2.5 13% 19.6

Project Funds 0.2 -0.2 -50% 0.4 0.4 - -0.2 -100% 0.2 0.0 0% 0.2
Long-term Funds 56.9 -3.4 -6% 60.3 -2.0 -3% 62.3 -2.3 -4% 64.6 2.3 4% 62.3
Restricted Funds 57.1 -3.6 -6% 60.7 -1.6 -3% 62.3 -2.5 -4% 64.8 2.3 4% 62.5

TOTAL Group Funds 92.9 -2.0 -2% 94.9 3.4 4% 91.5 4.6 5% 86.9 4.8 6% 82.1