Group Balance Sheet

As at 31 March 2008

	Note	2008 £m	Restated 2007 £m
Non-current assets
Intangible assets	12	188.6	196.7
Property, plant and equipment	13	114.9	111.1
Investments	15	0.4	0.3
Other receivables	18	2.9	2.7
Deferred tax assets	22	14.7	16.3
		321.5	327.1
Current assets
Inventories	17	161.1	160.6
Trade and other receivables	18	173.0	163.6
Income tax receivables		1.3	1.1
Cash and cash equivalents		28.4	19.1
		363.8	344.4
Current liabilities
Trade and other payables	19	(143.7)	(132.9)
Loans and borrowings	20	(7.1)	(79.0)
Income tax liabilities		(17.5)	(14.5)
		(168.3)	(226.4)
Net current assets		195.5	118.0
Total assets less current liabilities		517.0	445.1
Non-current liabilities
Other payables	19	(8.4)	(7.9)
Retirement benefit obligations	8	(30.0)	(38.7)
Loans and borrowings	20	(172.4)	(76.3)
Deferred tax liabilities	22	(24.4)	(22.9)
		(235.2)	(145.8)
Net assets		281.8	299.3
Equity
Called-up share capital	25	43.5	43.5
Share premium account	28	38.7	38.7
Retained earnings	26	205.0	216.1
Cumulative translation reserve	26	3.9	1.8
Other reserves	28	(9.3)	(0.8)
Equity attributable to the shareholders of the parent		281.8	299.3

These Group accounts were approved by the Board of Directors on 28 May 2008 and signed on its behalf by:

Simon Boddie
Group Finance Director

The notes form part of these Group Accounts