Group Balance Sheet

For the period ended 31 March 2018

View De La Rue 2017/18 Final Results to 31 March 2018

    2018
£m
2017
£m
Assets      
Non-current assets      
Property, plant and equipment   112.8 167.2
Intangible assets   29.5 31.3
Investment   6.6 -
Investments in associates and joint ventures   0.1 0.1
Deferred tax assets   19.8 43.7
Derivative financial assets   0.2 0.6
    169.0 242.9
Current assets      
Inventories   37.0 67.8
Trade and other receivables   99.1 109.7
Current tax assets   4.6 -
Derivative financial assets   3.4 15.3
Cash and cash equivalents   15.5 15.4
    159.6 208.2
Total assets   328.6 451.1
Liabilities      
Current liabilities      
Borrowings   (63.9) (136.3)
Trade and other payables   (167.1) (175.1)
Current tax liabilities   (13.3) (15.8)
Derivative financial liabilities   (4.3) (7.7)
Provisions for liabilities and charges   (4.1) (10.4)
    (252.7) (345.3)
Non-current liabilities      
Retirement benefit obligations   (89.6) (239.4)
Deferred tax liabilities   (3.0) (5.3)
Derivative financial liabilities   (0.1) (0.6)
Provisions for liabilities and charges   (3.9) (2.0)
Other non-current liabilities   - (1.3)
    (96.6) (248.6)
Total liabilities   (349.3) (593.9)
Net liabilities   (20.7) (142.8)
Equity      
Share capital   47.1 46.8
Share premium account   38.4 36.7
Capital redemption reserve   5.9 5.9
Hedge reserve   (0.5) 2.0
Cumulative translation adjustment   7.2 7.3
Other reserves   (83.8) (83.8)
Retained earnings   (43.9) (165.6)
Total equity attributable to shareholders of the Company   (29.6) (150.7)
Non-controlling interests   8.9 7.9
Total equity   (20.7) (142.8)

*See page 112 of the 2018 Annual Report for details of the prior period restatement.