The aggregate cash positions of the six biggest UK contractors have fallen into a net debt following a year in which £400m has been sucked from their businesses. An analysis by Building of the net cash position of six of the biggest listed UK contractors - Balfour Beatty, Carillion, Kier, Morgan Sindall, Interserve and Costain -shows that at the end of 2013 the firms showed a combined net debt of £328m on their balance sheets, compared with net cash of £71m in 2012 (see table). This further compares with net cash in the bank for the six firms of almost £700m at the end of 2011.
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