Balance sheet
Consolidated Balance Sheets as at 31 March
|
2011
£m |
2010
£m |
2009
£m |
2008
£m |
2007
£m |
| Assets |
|
|
|
|
|
| Non-current assets |
|
|
|
|
|
| Goodwill |
188.9 |
62.1 |
62.3 |
56.7 |
64.8 |
| Other intangible assets |
50.3 |
4.7 |
9.0 |
10.9 |
9.4 |
| Property, plant and equipment |
52.8 |
38.9 |
46.6 |
45.6 |
46.2 |
| Other receivables |
20.1 |
21.2 |
12.9 |
5.7 |
0.1 |
| Investments in joint ventures |
1.5 |
1.8 |
3.9 |
4.2 |
(26.0) |
| Deferred income tax assets |
93.1 |
149.4 |
101.6 |
69.6 |
89.8 |
| Derivative financial instruments |
0.2 |
0.9 |
– |
– |
– |
|
406.9 |
279.0 |
236.3 |
192.7 |
184.3 |
| Current assets |
|
|
|
|
|
| Inventories |
0.8 |
0.9 |
0.3 |
0.3 |
0.4 |
| Trade and other receivables |
433.7 |
300.7 |
353.7 |
299.7 |
284.0 |
| Financial assets at fair value through profit or loss |
34.7 |
32.4 |
28.7 |
29.7 |
49.6 |
| Cash and cash equivalents |
121.5 |
260.3 |
209.7 |
154.5 |
187.7 |
| Derivative financial instruments |
0.2 |
2.3 |
– |
– |
– |
|
590.9 |
596.6 |
592.4 |
484.2 |
521.7 |
| Liabilities |
|
|
|
|
|
| Current liabilities |
|
|
|
|
|
| Borrowings |
(48.4) |
(4.4) |
(7.6) |
(7.8) |
(3.7) |
| Trade and other payables |
(516.5) |
(434.3) |
(478.7) |
(409.2) |
(418.6) |
| Derivative financial instruments |
(0.5) |
(1.0) |
(0.8) |
(0.9) |
(0.1) |
| Current income tax liabilities |
(36.2) |
(34.6) |
(31.2) |
(26.8) |
(28.3) |
| Provisions for other liabilities and charges |
(6.4) |
(5.6) |
(9.9) |
(4.3) |
(8.7) |
|
(608.0) |
(479.9) |
(528.2) |
(449.0) |
(459.4) |
| Net current (liabilities) / assets |
(17.1) |
116.7 |
64.2 |
35.2 |
62.3 |
| Non-current liabilities |
|
|
|
|
|
| Borrowings |
(4.6) |
(7.0) |
(9.5) |
(13.6) |
(34.5) |
| Provisions for other liabilities and charges |
(12.7) |
(17.0) |
(17.8) |
(13.5) |
(14.3) |
| Post-employment benefit liabilities |
(350.3) |
(450.5) |
(311.5) |
(219.3) |
(250.1) |
| Derivative financial instruments |
(0.6) |
(0.3) |
(0.4) |
– |
– |
| Other non-current liabilities |
(5.3) |
(5.8) |
(4.8) |
(4.9) |
(23.8) |
|
(373.5) |
(480.6) |
(344.0) |
(251.3) |
(322.7) |
| Net assets/(liabilities) |
16.3 |
(84.9) |
(43.5) |
(23.4) |
(76.1) |
| Capital and reserves |
|
|
|
|
|
| Ordinary shares |
0.5 |
0.5 |
0.5 |
0.5 |
0.5 |
| Share premium account |
62.4 |
62.4 |
62.4 |
62.4 |
62.4 |
| Merger reserve |
8.9 |
8.9 |
8.9 |
8.9 |
8.9 |
| Retained loss |
(55.5) |
(156.7) |
(115.3) |
(95.2) |
(147.9) |
| Equity shareholders’ funds/(deficit) |
16.3 |
(84.9) |
(43.5) |
(23.4) |
(76.1) |