Annual Report and Accounts 2014

 

Group Balance Sheet

As at 31 March 2014

 

Restated as at

 

Restated

1 April

 

2014

2013

2012

ASSETS

Note

£’000

£’000

£’000

Non-current assets

Property, plant and equipment

19

469,417

441,500

376,170

Intangible assets

20

744,073

749,317

654,782

Investments in associates

21

824

808

978

Deferred income tax assets

31

11,260

9,478

5,334

Derivative financial instruments

28

56,240

125,912

112,185

 

1,281,814

1,327,015

1,149,449

Current assets

 

 

Inventories

23

501,765

389,526

282,000

Trade and other receivables

24

959,655

1,139,266

1,077,147

Derivative financial instruments

28

1,221

11,794

3,581

Cash and cash equivalents

27

963,144

518,925

525,376

 

2,425,785

2,059,511

1,888,104

Assets classified as held for sale

-

-

118,926

 

2,425,785

2,059,511

2,007,030

Total assets

3,707,599

3,386,526

3,156,479

 

 

 

EQUITY

 

 

Capital and reserves attributable to owners of the Parent

 

 

Share capital

36

14,688

14,688

14,688

Share premium

37

83,032

83,032

83,032

Share based payment reserve

38

10,630

9,445

8,367

Cash flow hedge reserve

38

(3,844)

(677)

1,052

Foreign currency translation reserve

38

49,822

57,017

55,201

Other reserves

38

932

932

932

Retained earnings

39

786,158

725,514

680,070

 

941,418

889,951

843,342

Non-controlling interests

40

4,837

2,391

2,215

Total equity

946,255

892,342

845,557

 

 

 

LIABILITIES

 

 

Non-current liabilities

 

 

Borrowings

29

725,831

672,715

707,452

Derivative financial instruments

28

45,636

13,436

14,587

Deferred income tax liabilities

31

27,526

32,897

26,694

Post employment benefit obligations

32

16,033

19,352

12,296

Provisions for liabilities and charges

34

24,157

17,141

12,874

Deferred and contingent acquisition consideration

33

36,949

56,558

71,107

Government grants

35

1,323

1,574

2,050

 

877,455

813,673

847,060

Current liabilities

 

 

Trade and other payables

25

1,492,968

1,463,330

1,279,102

Current income tax liabilities

32,276

29,304

32,366

Borrowings

29

316,726

154,060

59,206

Derivative financial instruments

28

18,699

2,372

851

Provisions for liabilities and charges

34

6,846

12,044

8,311

Deferred and contingent acquisition consideration

33

16,374

19,401

11,198

 

 

1,883,889

1,680,511

1,391,034

Liabilities associated with assets classified as held for sale

 

-

-

72,828

 

 

1,883,889

1,680,511

1,463,862

Total liabilities

 

2,761,344

2,494,184

2,310,922

Total equity and liabilities

 

3,707,599

3,386,526

3,156,479

 

 

 

 

 

Michael Buckley, Tommy Breen, Directors