Company Balance Sheet
As at 31 December 2010
Notes |
2010 £ million |
2009 £ million |
|
Fixed assets |
|||
Tangible assets |
5.4 |
6.3 |
|
Investments |
117.7 |
108.7 |
|
Deferred tax assets |
6.7 |
3.4 |
|
129.8 |
118.4 |
||
Current assets |
|||
Debtors |
553.1 |
543.5 |
|
Cash and cash equivalents |
7.0 |
0.9 |
|
Current tax assets |
– |
0.4 |
|
560.1 |
544.8 |
||
Creditors – amounts falling due within one year |
|||
Borrowings |
(26.9) |
– |
|
Derivative financial instruments |
(1.1) |
– |
|
Other creditors |
(222.8) |
(173.7) |
|
Net current assets |
309.3 |
371.1 |
|
Total assets less current liabilities |
439.1 |
489.5 |
|
Creditors – amounts falling due after more than one year |
|||
Borrowings |
(101.2) |
(180.0) |
|
Derivative financial instruments |
(8.4) |
(6.7) |
|
Retirement benefit obligation |
(2.3) |
(4.2) |
|
Net assets |
327.2 |
298.6 |
|
Shareholders' equity |
|||
Share capital |
54.9 |
54.7 |
|
Share premium |
14.8 |
13.3 |
|
Treasury shares |
(49.6) |
(25.8) |
|
Capital redemption reserve |
0.1 |
0.1 |
|
Hedging reserve |
(6.5) |
(4.4) |
|
Profit and loss account |
313.5 |
260.7 |
|
Total shareholders' equity |
327.2 |
298.6 |
Approved and authorised for issue by the Board on 10 March 2011 and signed on its behalf by:
P G Rogerson Chairman |
A G Cockburn Finance Director |
See Notes to the Company Accounts which form part of these Accounts.