Consolidated balance sheet
at 31 December 2007
| |
Notes |
|
2007 £m |
2006 £m |
| Non-current assets |
|
|
|
|
| Property, plant and equipment |
13 |
|
193.4 |
171.0 |
| Intangible assets |
14 |
|
745.7 |
630.0 |
| Financial assets |
16 |
|
60.6 |
32.6 |
| Trade and other receivables |
18 |
|
11.1 |
6.8 |
| Employee benefits |
32 |
|
20.3 |
– |
| Deferred taxation |
10 |
|
1.4 |
22.1 |
| |
|
|
1,032.5 |
862.5 |
| Current assets |
|
|
|
|
| Financial assets |
16 |
|
0.9 |
– |
| Trade and other receivables |
18 |
|
456.4 |
394.9 |
| Cash |
19 |
|
0.8 |
9.7 |
| |
|
|
458.1 |
404.6 |
| Total assets |
|
|
1,490.6 |
1,267.1 |
| Current liabilities |
|
|
|
|
| Trade and other payables |
20 |
|
556.9 |
449.4 |
| Financial liabilities |
22 |
|
57.7 |
50.4 |
| Provisions |
24 |
|
1.8 |
1.0 |
| Income tax payable |
|
|
36.3 |
33.5 |
| |
|
|
652.7 |
534.3 |
| Non-current liabilities |
|
|
|
|
| Trade and other payables |
20 |
|
9.2 |
0.8 |
| Financial liabilities |
22 |
|
480.2 |
378.7 |
| Provisions |
24 |
|
0.8 |
0.7 |
| Employee benefits |
32 |
|
15.9 |
26.8 |
| |
|
|
506.1 |
407.0 |
| Total liabilities |
|
|
1,158.8 |
941.3 |
| Net assets |
|
|
331.8 |
325.8 |
| Capital and reserves |
|
|
|
|
| Issued share capital |
26 |
|
12.6 |
12.3 |
| Share premium |
28 |
|
374.9 |
308.1 |
| Treasury shares |
26 |
|
– |
– |
| Capital redemption reserve |
28 |
|
1.8 |
1.7 |
| Foreign currency translation |
28 |
|
0.7 |
(0.4) |
| Net unrealised gains reserve |
28 |
|
4.0 |
– |
| Retained earnings |
28 |
|
(62.2) |
4.0 |
| Equity shareholders’ funds |
|
|
331.8 |
325.7 |
| Minority interest |
28 |
|
– |
0.1 |
| Total equity |
|
|
331.8 |
325.8 |
The accounts were approved by the Board of Directors on 28 February 2008 and signed on its behalf by:
P R M Pindar G M Hurst
Chief Executive Group Finance Director