Group Balance Sheet (Company Number: SC177553)
As at 31 December 2010
|
Notes |
2010 |
2009 |
|
|
Non-current assets |
|||
|
Goodwill |
60.4 |
51.3 |
|
|
Other intangible assets |
17.0 |
15.5 |
|
|
Property, plant and equipment |
858.8 |
713.0 |
|
|
Deferred tax asset |
11.6 |
6.6 |
|
|
947.8 |
786.4 |
||
|
Current assets |
|||
|
Inventories |
117.8 |
86.3 |
|
|
Trade and other receivables |
309.4 |
223.3 |
|
|
Cash and cash equivalents |
26.4 |
22.2 |
|
|
Derivative financial instruments |
0.1 |
– |
|
|
Current tax assets |
3.1 |
3.9 |
|
|
456.8 |
335.7 |
||
|
Total assets |
1,404.6 |
1,122.1 |
|
|
Current liabilities |
|||
|
Borrowings |
(47.3) |
(17.7) |
|
|
Derivative financial instruments |
(2.1) |
– |
|
|
Trade and other payables |
(308.7) |
(219.9) |
|
|
Current tax liabilities |
(77.1) |
(52.6) |
|
|
(435.2) |
(290.2) |
||
|
Non-current liabilities |
|||
|
Borrowings |
(111.3) |
(180.0) |
|
|
Derivative financial instruments |
(8.4) |
(6.7) |
|
|
Deferred tax liabilities |
(31.9) |
(36.1) |
|
|
Retirement benefit obligation |
(3.2) |
(5.8) |
|
|
Provisions |
(0.2) |
(0.2) |
|
|
(155.0) |
(228.8) |
||
|
Total liabilities |
(590.2) |
(519.0) |
|
|
Net assets |
814.4 |
603.1 |
|
|
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 (net of deferred tax) |
(7.4) |
(4.7) |
|
|
Foreign exchange reserve |
83.7 |
49.7 |
|
|
Retained earnings |
717.9 |
515.8 |
|
|
Total shareholders' equity |
814.4 |
603.1 |
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 Group Accounts which form part of these Accounts.