Consolidated Balance Sheet

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at 31 December 2007 Notes 2007
£m
2006
£m
 Non-current assets   1,113.3 596.2
Goodwill 11 699.8 363.1
Other intangible assets 12 120.5
Property, plant and equipment 13 39.0 25.5
Interests in joint ventures 14 59.9 56.2
Trade and other receivables 18 76.4 56.0
Deferred tax assets 15 117.7 95.4
    1,113.3 596.2
 Current assets   6,555.9 3,497.6
Inventories 16 6,017.8 2,946.5
Trade and other receivables 18 391.3 294.9
Tax receivables   16.8 19.7
Cash and cash equivalents 18 130.0 236.5
    6,555.9 3,497.6
Total assets   7,669.2 4,093.8
 Current liabilities   (1,756.5) (1,014.9)
Trade and other payables 21 (1,540.3) (926.0)
Tax payables   (154.4) (74.1)
Debenture loans 20 (1.4) (2.5)
Bank loans and overdrafts 19 (12.2) (12.3)
Provisions 24 (48.2)
    (1,756.5) (1,014.9)
Net current assets   4,799.4 2,482.7
 Non-current liabilities   (2,207.5) (973.4)
Trade and other payables 21 (388.4) (123.1)
Debenture loans 20 (823.3) (610.6)
Bank loans 19 (708.5) (2.4)
Retirement benefit obligation 23 (219.1) (208.6)
Deferred tax liabilities 15 (29.8) (0.8)
Provisions 24 (38.4) (27.9)
    (2,207.5) (973.4)
Total liabilities   (3,964.0) (1,988.3)
       
Net assets   3,705.2 2,105.5
Equity  
Share capital 25 289.6 148.5
Share premium account 26 758.1 758.8
Merger relief reserve 27 1,934.2
Revaluation reserve 28 0.5 1.5
Own shares 29 (282.0) (45.0)
Share-based payment tax reserve 30 5.6 8.2
Capital redemption reserve 31 31.5 31.5
Other reserve   4.8 4.8
Translation reserve 32 3.7 (19.1)
Retained earnings 33 957.1 1,214.3
Equity attributable to equity holders of the parent   3,703.1 2,103.5
Minority interests   2.1 2.0
Total equity   3,705.2 2,105.5

The financial statements were approved by the Board of Directors and authorised for issue on 5 March 2008. They were signed on its behalf by:

Signature:N B M Askew, Director
N B M Askew
Director

Signature:P T Johnson Director
P T Johnson
Director