Consolidated Income Statement
Consolidated Cash Flow Statement
As at 30 April 2009
| Notes | 2009 £m |
2008 £m |
|
|---|---|---|---|
| ASSETS Non-current assets |
|||
| Goodwill | 11 | 99.9 | 95.5 |
| Other intangible assets | 12 | 24.5 | 24.7 |
| Property, plant and equipment | 13 | 785.7 | 652.4 |
| Interests in joint ventures | 14 | 68.7 | 33.9 |
| Available for sale and other investments | 16 | 1.5 | 1.8 |
| Derivative instruments at fair value | 29(j) | 0.5 | 11.0 |
| Retirement benefit assets | 28 | Nil | 51.6 |
| Deferred tax asset | 26 | 5.3 | 6.9 |
| Other receivables | 21 | 6.8 | 2.9 |
| 992.9 | 880.7 | ||
| Current assets | |||
| Inventories | 20 | 22.0 | 21.3 |
| Trade and other receivables | 21 | 212.4 | 185.0 |
| Derivative instruments at fair value | 29(j) | 3.1 | 33.4 |
| Foreign tax recoverable | Nil | 0.1 | |
| Cash and cash equivalents | 22 | 277.3 | 262.2 |
| Asset classified as held for sale | 23 | 2.4 | Nil |
| 517.2 | 502.0 | ||
| Total assets | 1,510.1 | 1,382.7 | |
| LIABILITIES Current liabilities |
|||
| Trade and other payables | 24 | 530.2 | 467.2 |
| Current tax liabilities | 15.0 | 10.1 | |
| Foreign tax liabilities | 0.8 | Nil | |
| Borrowings | 25 | 279.5 | 79.4 |
| Derivative instruments at fair value | 29(j) | 68.2 | 1.4 |
| Provisions | 27 | 56.7 | 47.2 |
| 950.4 | 605.3 | ||
| Non-current liabilities | |||
| Other payables | 24 | 24.2 | 25.0 |
| Borrowings | 25 | 347.4 | 514.7 |
| Derivative instruments at fair value | 29(j) | 14.4 | 2.3 |
| Deferred tax liabilities | 26 | 19.5 | 64.6 |
| Provisions | 27 | 83.2 | 72.0 |
| Retirement benefit obligations | 28 | 80.6 | 18.4 |
| 569.3 | 697.0 | ||
| Total liabilities | 1,519.7 | 1,302.3 | |
| Net (liabilities)/assets | (9.6) | 80.4 | |
| EQUITY | |||
| Ordinary share capital | 30 | 7.1 | 7.0 |
| Share premium account | 32 | 9.5 | 8.0 |
| Retained earnings | 32 | (374.9) | (363.6) |
| Capital redemption reserve | 32 | 413.5 | 410.8 |
| Own shares | 32 | (13.9) | (12.6) |
| Translation reserve | 32 | 1.1 | 5.7 |
| Available for sale reserve | 32 | 0.2 | 0.6 |
| Cash flow hedging reserve | 32 | (52.2) | 24.5 |
| Total equity | (9.6) | 80.4 | |
These financial statements have been approved for issue by the Board of Directors on 24 June 2009.
 |
 |
BRIAN SOUTER Chief Executive |
MARTIN A GRIFFITHS Finance Director |
The accompanying notes form an integral part of this consolidated balance sheet.
