content_image/281368.jpg content_image/281369.jpg content_image/281370.jpg content_image/281371.jpg
## 12 INVESTMENTS IN SUBSIDIARY 

## COMPANY 

<img src='content_image/281368.jpg'>

The Company owns the one ordinary £1 subscriber share, being 100% of the issued share capital, in Borders and Southern Falkland Islands Limited. The Company was registered in England and its principal activity is oil and gas exploration. 

## 13 OTHER RECEIVABLES 

<img src='content_image/281369.jpg'>

All amounts shown under receivables fall due for payment within one year. 

Amounts owed by Group undertakings are not interest bearing and are payable on demand. 

There are no past dues or impaired receivables at year end (2013: nil). 

## 14 TRADE AND OTHER PAYABLES 

<img src='content_image/281370.jpg'>

## 15 SHARE CAPITAL 

<img src='content_image/281371.jpg'>

