Source: Extract from Annual Report 2007
as at 31 December
Notes |
2007 £m |
2006 £m |
|
|---|---|---|---|
| Non-current assets | |||
| Intangible assets | 11 | 9,559 | 7,595 |
| Property, plant and equipment | 12 | 1,774 | 1,746 |
| Investment property | 13 | 113 | 123 |
| Equity accounted investments | 14 | 781 | 671 |
| Other investments | 15 | 6 | 11 |
| Other receivables | 16 | 322 | 569 |
| Other financial assets | 17 | 48 | 51 |
| Deferred tax assets | 8 | 567 | 1,077 |
| 13,170 | 11,843 | ||
| Current assets | |||
| Inventories | 18 | 701 | 395 |
| Trade and other receivables including amounts due from customers for contract work | 16 | 2,933 | 2,253 |
| Current tax | 35 | 3 | |
| Other investments | 15 | 164 | 503 |
| Other financial assets | 17 | 101 | 50 |
| Cash and cash equivalents | 3,062 | 3,100 | |
| 6,996 | 6,304 | ||
| Non-current assets and disposal groups held for sale | 19 | 94 | – |
| 7,090 | 6,304 | ||
| Total assets | 3 | 20,260 | 18,147 |
| Non-current liabilities | |||
| Loans | 20 | (2,197) | (2,776) |
| Trade and other payables | 21 | (413) | (465) |
| Retirement benefit obligations | 22 | (1,629) | (2,499) |
| Other financial liabilities | 17 | (26) | (45) |
| Deferred tax liabilities | 8 | (40) | (15) |
| Provisions | 23 | (399) | (271) |
| (4,704) | (6,071) | ||
| Current liabilities | |||
| Loans and overdrafts | 20 | (299) | (334) |
| Trade and other payables | 21 | (8,245) | (6,717) |
| Other financial liabilities | 17 | (71) | (50) |
| Current tax | (499) | (417) | |
| Provisions | 23 | (410) | (424) |
| (9,524) | (7,942) | ||
| Liabilities directly associated with disposal groups held for sale | 19 | (30) | – |
| (9,554) | (7,942) | ||
| Total liabilities | 3 | (14,258) | (14,013) |
| Net assets | 6,002 | 4,134 | |
| Capital and reserves | |||
| Issued share capital | 25,27 | 90 | 81 |
| Share premium | 27 | 1,222 | 841 |
| Equity option of convertible preference shares | 27 | – | 76 |
| Other reserves | 27 | 4,631 | 4,330 |
| Retained earnings | 27 | 23 | (1,211) |
| Total equity attributable to equity holders of the parent | 5,966 | 4,117 | |
| Minority interests | 27 | 36 | 17 |
| Total equity | 6,002 | 4,134 |
Approved by the Board on 20 February 2008 and signed on its behalf by:
| M J Turner | G W Rose |
| Chief Executive | Group Finance Director |
