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Notes on the EEV basis results

9. Holding company net borrowings at market value

Holding company net borrowings at market value comprise:

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  2008 £m 2007 £m 2007 £m
  30 Jun RER
30 Jun
RER
31 Dec
* Including central finance subsidiaries.
Holding company borrowings:      
IFRS basis (2,401) (2,289) (2,367)
Mark to market value adjustment 201 (68) 38
EEV basis (2,200) (2,357) (2,329)
Holding company* cash and short-term investments 1,498 1,546 1,456
Holding company net borrowings (702) (811) (873)