These tables show the companies with the highest percentages of cash (less borrowings) in relation to their shareholders’ funds including intangibles.

The first column has been used for the percentage of cash shown by the last annual report and the second for the price-to-cash per share. The third column adds quoted investments to cash to give an idea of the potential cash position, even if some of the investments may not be readily realisable at all times.

The remaining four columns are devoted to gross gearing, PCF, the prospective PER and the PTBV, on the assumption that these statistics will be of particular interest to investors searching for asset situations.