Consolidated balance sheet

At 31 December 2010

	Notes	2010 £m	2009 £m
Non-current assets
Goodwill	12	1,331.1	1,010.9
Intangible assets	13	112.5	85.5
Property, plant and equipment	14	61.9	59.9
Interests in associates and joint ventures	15	48.5	3.3
Deferred tax assets	20	49.3	25.5
Available-for-sale financial assets	16	15.6	14.9
Derivative financial assets	19	8.5	–
Other financial assets	19	0.7	0.7
		1,628.1	1,200.7
Current assets
Work in progress		18.5	15.2
Trade and other receivables	17	2,414.1	2,006.2
Derivative financial assets	19	3.2	0.2
Cash and short-term deposits	19, 28	394.4	391.1
		2,830.2	2,412.7
Total assets		4,458.3	3,613.4
Current liabilities
Trade and other payables	18	(2,917.3)	(2,365.1)
Borrowings	19	(85.6)	(43.2)
Derivative financial liabilities	19	(13.4)	(3.6)
Provisions	21	(3.3)	(2.3)
Current tax liabilities		(9.0)	(5.0)
		(3,028.6)	(2,419.2)
Net current liabilities		(198.4)	(6.5)
Non-current liabilities
Borrowings	19	(640.1)	(605.1)
Other non-current liabilities	19, 26	(35.6)	(52.9)
Derivative financial liabilities	19	(36.7)	(54.8)
Provisions	21	(4.7)	(1.1)
Deferred tax liabilities	20	(44.2)	(35.8)
		(761.3)	(749.7)
Total liabilities		(3,789.9)	(3,168.9)
Net assets		668.4	444.5
Equity
Share capital	22	64.3	58.1
Own shares	23	(33.7)	(23.3)
Share premium account	24	395.8	245.5
Other equity reserves		20.4	0.2
Foreign currency translation reserve		109.6	64.1
Retained earnings		147.4	134.5
Potential acquisition of non-controlling interests		(48.9)	(47.2)
Equity attributable to equity holders of the parent		654.9	431.9
Non-controlling interests		13.5	12.6
Total equity		668.4	444.5

These financial statements were approved by the Board of Directors on 16 March 2011 and were signed on its behalf by:

Jerry Buhlmann (Chief Executive Officer)

Nick Priday (Chief Financial Officer)