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Group Balance Sheet

For the period ended 26 March 2016

2016
£m
2015
£m
Assets
Non-current assets
Property, plant and equipment 167.0 179.3
Intangible assets 13.4 16.6
Investments in associates and joint ventures 0.1 0.1
Deferred tax assets 41.6 47.7
Derivative financial assets 1.9 0.3
244.0 244.0
Current assets
Inventories 67.1 71.2
Trade and other receivables 93.5 105.4
Current tax assets 1.3 2.2
Derivative financial assets 15.0 7.8
Cash and cash equivalents 40.5 30.8
Assets classified as held for sale 11.2 -
228.6 217.4
Total assets 452.6 461.4
Liabilities
Current liabilities
Borrowings (146.6) (141.8)
Trade and other payables (171.5) (159.1)
Current tax liabilities (17.6) (19.6)
Derivative financial liabilities (12.0) (12.0)
Provisions for liabilities and charges (9.0) (26.6)
Liabilities classified as held for sale (10.5) -
(367.2) (359.1)
Non-current liabilities
Retirement benefit obligations (219.9) (236.7)
Deferred tax liabilities (1.6) (1.1)
Derivative financial liabilities (1.2) (1.0)
Provisions for liabilities and charges (6.9) (3.5)
Other non-current liabilities (1.4) (6.9)
(231.0) (249.2)
Total liabilities (598.2) (608.3)
Net liabilities (145.6) (146.9)
Equity
Share capital 46.6 46.5
Share premium account 35.7 35.5
Capital redemption reserve 5.9 5.9
Hedge reserve 2.3 (3.5)
Cumulative translation adjustment (12.3) (13.8)
Other reserves (83.8) (83.8)
Retained earnings (146.6) (139.4)
Total equity attributable to shareholders of the Company (152.2) (152.6)
Non-controlling interests 6.6 5.7
Total equity (145.6) (146.9)