Independent auditor's report Consolidated income statement Consolidated statement of comprehensive income Consolidated balance sheet Consolidated cash flow statement Consolidated statement of changes in equity Group accounting policies Notes to the consolidated financial statements Five year summary Company statement of financial position Company statement of changes in equity Company accounting policies Notes to the company financial statements Home Financial statements Notes to the company financial statements 9 Contingent liabilities 9 Contingent liabilities The Company has guaranteed bank overdrafts, loans and letters of credit of certain subsidiary undertakings amounting to £9.1m (2017: £8.9m).