 |
|||
|
Consolidated balance sheet
At 30 June 2007
| Note | 2007 Half year £m |
2006 Half year £m |
2006 Full year £m |
|||||
| Non-current assets | ||||||||
| Goodwill | 209.1 | 209.6 | 207.4 | |||||
| Other intangible assets | 5.4 | 5.1 | 8.0 | |||||
| Property, plant & equipment | 82.1 | 90.1 | 83.2 | |||||
| Deferred tax asset | 30.2 | 39.4 | 37.6 | |||||
| 326.8 | 344.2 | 336.2 | ||||||
| Current assets | ||||||||
| Inventories | 87.6 | 88.3 | 81.6 | |||||
| Derivative financial instruments | 1.2 | 1.3 | 1.3 | |||||
| Taxation recoverable | 0.2 | – | 0.5 | |||||
| Trade and other receivables | 128.3 | 137.2 | 145.4 | |||||
| Cash and cash equivalents | 56.7 | 101.4 | 51.0 | |||||
| Assets held for sale | – | – | 17.3 | |||||
| 274.0 | 328.2 | 297.1 | ||||||
| Total assets | 600.8 | 672.4 | 633.3 | |||||
| Current liabilities | ||||||||
| Short-term borrowings | (2.0) | (58.5) | (4.3) | |||||
| Derivative financial instruments | – | (18.1) | – | |||||
| Trade and other payables | (111.8) | (121.7) | (124.2) | |||||
| Current tax liabilities | (35.2) | (27.6) | (32.9) | |||||
| Provisions | (21.4) | (15.8) | (21.8) | |||||
| Liabilities held for sale | – | – | (6.0) | |||||
| (170.4) | (241.7) | (189.2) | ||||||
| Net current assets | 103.6 | 86.5 | 107.9 | |||||
| Non-current liabilities | ||||||||
| Medium and long-term borrowings | (105.7) | (114.7) | (108.6) | |||||
| Derivative financial instruments | (13.0) | (13.6) | (12.8) | |||||
| Other payables | (8.4) | (6.4) | (8.8) | |||||
| Retirement benefit obligations | (12.9) | (21.6) | (18.8) | |||||
| Provisions | – | (1.6) | – | |||||
| Deferred tax liabilities | (1.0) | (1.1) | (1.0) | |||||
| (141.0) | (159.0) | (150.0) | ||||||
| Total liabilities | (311.4) | (400.7) | (339.2) | |||||
| Net assets | 289.4 | 271.7 | 294.1 | |||||
| Equity | ||||||||
| Issued share capital | 9 | 6.2 | 6.2 | 6.2 | ||||
| Share premium | 9 | 231.4 | 230.4 | 231.1 | ||||
| Retained earnings | 9 | 64.1 | 35.3 | 67.3 | ||||
| Translation reserve | 9 | (16.8) | (4.7) | (15.1) | ||||
| Hedging reserve | 9 | 1.1 | 1.1 | 1.2 | ||||
| Merger reserve | 9 | 3.1 | 3.1 | 3.1 | ||||
| Capital redemption reserve | 9 | 0.3 | 0.3 | 0.3 | ||||
| Equity shareholders' funds | 289.4 | 271.7 | 294.1 | |||||
| Total equity and liabilities | 600.8 | 672.4 | 633.3 |