|
 |
at 31 March 2002 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Notes |
2002
£m |
2002
£m |
2001
£m |
2001
£m |
|
|
|
|
|
|
|
|
|
|
Fixed assets |
|
|
|
|
|
|
|
Goodwill |
12 |
|
1,421.5 |
|
1,516.2 |
|
| |
Other intangible assets |
13 |
|
191.7 |
|
178.9 |
|
| |
Tangible assets |
14 |
|
847.1 |
|
737.4 |
|
| |
Investment in joint venture |
15 |
|
|
|
|
|
|
|
|
|
|
| |
Share
of gross assets |
|
416.1 |
|
525.0 |
|
|
| |
Share
of gross liabilities |
|
(308.4) |
|
(409.8) |
|
|
|
|
|
|
|
| |
|
|
107.7 |
|
115.2 |
|
|
| |
Loans
to joint venture |
|
87.6 |
195.3 |
93.8 |
209.0 |
|
| |
Other investments |
16 |
|
115.4 |
|
87.9 |
|
|
|
|
|
|
|
|
|
|
|
|
|
2,771.0 |
|
2,729.4 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current assets |
|
|
|
|
|
|
| |
Stocks |
17 |
|
590.4 |
|
570.8 |
|
| |
Debtors – due within one year |
18 |
|
1,705.5 |
|
1,561.3 |
|
| |
–
due after more than one year |
18 |
|
200.0 |
|
221.9 |
|
| |
Securitised receivables |
19 |
263.4 |
|
646.7 |
|
|
| |
Less: non-recourse borrowings |
|
(201.0) |
62.4 |
(581.5) |
65.2 |
|
| |
Investments |
20 |
|
53.1 |
|
53.3 |
|
|
Bank balances and cash |
|
|
202.6 |
|
304.7 |
|
|
|
|
|
|
|
|
|
|
|
|
|
2,814.0 |
|
2,777.2 |
|
|
Creditors |
|
|
|
|
|
|
|
Amounts due within one year |
21 |
|
(2,171.3) |
|
(2,236.2) |
|
|
|
|
|
|
|
|
|
|
Net current assets |
|
|
642.7 |
|
541.0 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total assets less current liabilities |
|
|
3,413.7 |
|
3,270.4 |
|
| |
Creditors – amounts due after more
than one year |
22 |
|
(864.6) |
|
(713.5) |
|
| |
Provisions for liabilities and charges |
24 |
|
(126.5) |
|
(134.0) |
|
|
|
|
|
|
|
|
|
|
Net assets |
|
|
2,422.6 |
|
2,422.9 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Capital and reserves |
|
|
|
|
|
|
| |
Called up share capital |
25 |
|
251.7 |
|
251.6 |
|
| |
Share premium account |
26 |
|
3.4 |
|
1.8 |
|
| |
Revaluation reserve |
26 |
|
120.9 |
|
136.6 |
|
| |
Profit and loss account |
26 |
|
2,041.2 |
|
2,032.9 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Shareholders’ funds |
|
|
2,417.2 |
|
2,422.9 |
|
| |
Minority interests |
|
|
5.4 |
|
- |
|
|
|
|
|
|
|
|
|
|
Capital employed |
|
|
2,422.6 |
|
2,422.9 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Approved by the Board |
|
|
|
|
|
|
|
on 28 May 2002 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
John Peace Group Chief Executive |
|
|
|
|
|
|
|
David Tyler Group Finance Director |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
