Balance Sheet

As at 31 December 2017

Download Condensed Consolidated Balance Sheet

  2017 2016
  £m £m
Assets    
Property, plant and equipment 297.8 303.7
Intangible assets 217.0 240.4
Investments 6.3 6.0
Other receivables 5.4 4.7
Deferred tax assets 9.1 6.1
Derivative tax assets 0.3 -
Total non-current assets 535.9 560.9
     
Inventories 141.8 148.2
Derivative financial assets 0.7 2.1
Trade and other receivables 194.2 205.7
Current tax receivable 6.7 -
Cash and cash equivalents 50.4 122.4
Total current assets 393.8 478.4
Total assets 929.7 1,039.3
     
Liabilities    
Interest-bearing loans and borrowings 192.7 204.0
Employee benefits: pensions 218.0 271.1
Provisions 6.1 2.3
Non-trade payables 3.4 1.8
Derivative financial liabilities - 0.3
Deferred tax liabilities 10.5 8.3
Total non-current liabilities 430.7 487.8
     
Interest-bearing loans and borrowings and bank overdrafts 39.0 160.9
Trade and other payables 193.7 192.5
Current tax payable 23.0 16.6
Provisions 8.4 5.8
Derivative financial liabilities 0.6 11.0
Total current liabilities 264.7 386.8
Total liabilities 695.4 874.6
Total net assets 234.3 164.7
     
Equity    
Share capital 71.8 71.8
Share premium 111.7 111.7
Reserves 39.2 46.8
Retained earnings (27.5) (109.5)
Total equity attributable to equity owners of parent Company 195.2 120.8
Non-controlling interests 39.1 43.9
Total equity 234.3 164.7