 |
|
|
|
|
|
|
|
 |
 |
| |
|
2006 |
2005 |
| |
Note |
£m |
£m |
| Non-current assets |
|
|
|
| Intangible assets |
11 |
1,530.6 |
1,481.7 |
| Property, plant and equipment |
12 |
497.8 |
502.8 |
| Investment accounted for using the equity method |
13 |
14.0 |
| Financial assets – other investments |
14 |
0.8 |
328.5 |
| Retirement benefit assets |
9 |
183.7 |
134.6 |
| Deferred tax assets |
6 |
92.3 |
117.8 |
| Trade and other receivables |
16 |
16.8 |
24.7 |
| Financial derivatives |
20 |
6.2 |
|
| |
|
2,342.2 |
2,590.1 |
| Current assets |
|
|
|
| Inventories |
15 |
558.4 |
564.2 |
| Trade and other receivables |
16 |
724.4 |
720.5 |
| Cash and cash equivalents |
17 |
120.6 |
60.9 |
| Financial derivatives |
20 |
26.1 |
|
| Total assets |
|
3,771.7 |
3,935.7 |
| |
|
|
|
| Non-current liabilities |
|
|
|
| Financial liabilities: |
|
|
|
| – borrowings |
19 |
(862.3) |
(937.7) |
| – financial derivatives |
20 |
(4.4) |
|
| Provisions for liabilities and charges |
21 |
(26.5) |
(26.4) |
| Retirement benefit obligations |
9 |
(235.8) |
(371.2) |
| Deferred tax liabilities |
6 |
(49.7) |
(19.9) |
| Trade and other payables |
18 |
(114.8) |
(133.2) |
| |
|
(1,293.5) |
(1,488.4) |
| |
|
|
|
| Current liabilities |
|
|
|
| Financial liabilities: |
|
|
|
| – borrowings |
19 |
(185.0) |
(54.0) |
| – financial derivatives |
20 |
(4.9) |
|
| Provisions for liabilities and charges |
21 |
(81.8) |
(64.1) |
| Trade and other payables |
18 |
(699.5) |
(684.6) |
| Current tax payable |
|
(144.1) |
(160.8) |
| Total liabilities |
|
(2,408.8) |
(2,451.9) |
| Net assets |
|
1,362.9 |
1,483.8 |
| |
|
|
|
| Shareholders’ equity |
|
|
|
| Share capital |
24 |
141.8 |
140.9 |
| Share premium account |
25 |
224.1 |
197.5 |
| Revaluation reserve |
25 |
1.7 |
1.7 |
| Merger reserve |
25 |
234.8 |
234.8 |
| Retained earnings |
25 |
734.0 |
908.9 |
| Hedge reserve |
25 |
26.5 |
|
| Total shareholders’ equity |
|
1,362.9 |
1,483.8 |
| The accounts within the financial statements were approved by the Board of Directors
on 29 September 2006 and were signed on its behalf by: |
 |
 |
| Keith Butler-Wheelhouse |
John Langston |
| Chief Executive |
Finance Director |
|
|
|
