Print this pageBalance sheet
At 30 June 2007, total equity was £4,170 million compared with £4,681 million at 30 June 2006. This decrease was mainly due to the shares repurchased for cancellation or holding as treasury shares of £1,405 million and the dividend paid out of shareholders’ equity of £858 million partly offset by the profit for the period of £1,556 million.
Net borrowings were £4,845 million at 30 June 2007, an increase of £763 million from net borrowings at 30 June 2006 of £4,082 million. The principal components of this increase were payments of £1,405 million to repurchase shares and an £858 million equity dividend offset by free cash inflow of £1,365 million and exchange movements of £211 million.
| £ million | 2007 £ million |
£ million | 2006 £ million |
|
|---|---|---|---|---|
| Non-current assets | ||||
| Intangible assets | 4,383 | 4,534 | ||
| Property, plant and equipment | 1,932 | 1,952 | ||
| Other non-current assets | 2,454 | 2,604 | ||
| 8,769 | 9,090 | |||
| Current assets | 5,187 | 4,837 | ||
| Total assets | 13,956 | 13,927 | ||
| Current liabilities | (4,199) | (3,335) | ||
| Non-current liabilities | ||||
| Borrowings | (4,132) | (4,001) | ||
| Post employment benefit liabilities | (457) | (815) | ||
| Other non-current liabilities | (998) | (1,095) | ||
| (5,587) | (5,911) | |||
| Total liabilities | (9,786) | (9,246) | ||
| Net assets | 4,170 | 4,681 | ||
| Equity attributable to equity shareholders of the parent company | 3,972 | 4,502 | ||
| Minority interests | 198 | 179 | ||
| 4,170 | 4,681 | |||
The summary financial statement was approved by a duly appointed and authorised committee of the board of directors on 29 August 2007 and was signed on its behalf by PS Walsh, director.
