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 balance sheet Company accounting policies Notes to the company financial statements Home Financial statements Notes to the company financial statements 6. Deferred tax asset 6. Deferred tax asset £mAt 1 January 20140.9Profit and loss charge0.1At 31 December 20141.0Deferred tax is recognised as follows:2014 £m2013£mOther timing differences1.00.9Deferred tax asset1.00.9