Consolidated balance sheet
|
|
|
2007 |
2006 |
|
Non-current assets |
|
|
|
|
Intangible assets |
1,021.3 |
1,530.6 |
|
|
Property, plant and equipment |
260.9 |
497.8 |
|
|
Investments accounted for using the equity method |
12.0 |
14.0 |
|
|
Financial assets – other investments |
0.7 |
0.8 |
|
|
Retirement benefit assets |
333.7 |
183.7 |
|
|
Deferred tax assets |
94.0 |
92.3 |
|
|
Trade and other receivables |
14.7 |
16.8 |
|
|
Financial derivatives |
0.4 |
6.2 |
|
|
|
|
1,737.7 |
2,342.2 |
|
Current assets |
|
|
|
|
Inventories |
319.7 |
558.4 |
|
|
Trade and other receivables |
489.8 |
724.4 |
|
|
Cash and cash equivalents |
186.2 |
120.6 |
|
|
Financial derivatives |
13.5 |
26.1 |
|
|
|
|
1,009.2 |
1,429.5 |
|
Assets of businesses held for sale |
31.3 |
|
|
|
Total assets |
|
2,778.2 |
3,771.7 |
|
|
|
|
|
|
Non-current liabilities |
|
|
|
|
Financial liabilities: |
|
|
|
|
– borrowings |
(567.1) |
(862.3) |
|
|
– financial derivatives |
(2.5) |
(4.4) |
|
|
Provisions for liabilities and charges |
(143.4) |
(26.5) |
|
|
Retirement benefit obligations |
(150.1) |
(235.8) |
|
|
Deferred tax liabilities |
(118.0) |
(49.7) |
|
|
Trade and other payables |
(22.5) |
(114.8) |
|
|
|
|
(1,003.6) |
(1,293.5) |
|
Current liabilities |
|
|
|
|
Financial liabilities: |
|
|
|
|
– borrowings |
(212.1) |
(185.0) |
|
|
– financial derivatives |
(2.8) |
(4.9) |
|
|
Provisions for liabilities and charges |
(90.1) |
(81.8) |
|
|
Trade and other payables |
(412.6) |
(699.5) |
|
|
Current tax payable |
|
(137.5) |
(144.1) |
|
|
|
(855.1) |
(1,115.3) |
|
Liabilities of businesses held for sale |
(16.2) |
|
|
|
Total liabilities |
|
(1,874.9) |
(2,408.8) |
|
Net assets |
|
903.3 |
1,362.9 |
|
|
|
|
|
|
Shareholders’ equity |
|
|
|
|
Share capital |
144.6 |
141.8 |
|
|
Share premium account |
289.0 |
224.1 |
|
|
Capital redemption reserve |
5.7 |
|
|
|
Revaluation reserve |
1.7 |
1.7 |
|
|
Merger reserve |
234.8 |
234.8 |
|
|
Retained earnings |
208.9 |
734.0 |
|
|
Hedge reserve |
18.6 |
26.5 |
|
|
Total shareholders’ equity |
|
903.3 |
1,362.9 |
The accounts within the financial statements were approved by the Board of Directors on 27 September 2007 and were signed on its behalf by:
Keith Butler-Wheelhouse
Chief Executive
