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Group balance sheet 31 March 2010

Notes 2010
£000
2009
£000
Non-current assets
Goodwill 14 190,186 175,667
Other intangible assets 15 56,386 43,814
Property, plant and equipment 16 32,923 34,518
Interests in joint ventures 18 5,924 5,224
Deferred tax assets 23 2,937 4,189
288,356 263,412
 
Current assets
Inventories 19 950 9,495
Trade and other receivables 20 235,122 206,132
Cash and cash equivalents 20 25,409 21,345
261,481 236,972
     
Total assets 549,837 500,384
 
Current liabilities
Trade and other payables 24 (206,297) (206,033)
Current tax liabilities (9,500) (11,790)
Derivative financial instruments 21 (1,947)
Bank and other loans 22 (28,300) (55,300)
(244,097) (275,070)
Net current assets/(liabilities) 17,384 (38,098)
 
Non-current liabilities
Bank and other loans 22 (50,000)
Other financial liabilities 25 (17,431) (10,411)
Retirement benefit obligation 39 (4,248) (1,919)
(71,679) (12,330)

Total liabilities

(315,776)

(287,400)
Net assets 234,061 212,984

Equity
Share capital 26 8,218 8,167
Share premium account 27 36,102 33,486
Merger reserve 28 70,992 70,992
Own shares reserve 29 (24,958) (27,523)
Share incentive reserve 30 6,538 8,381
Capital redemption reserve 31 1,200 1,200
Hedging and currency translation reserve 32 8,722 2,336
Retained earnings 33 127,247 115,945
Total equity 234,061 212,984

The financial statements were approved by the Board of Directors and authorised for issue on 25 May 2010.
They were signed on its behalf by:


Martin Bennett

Chief Financial Officer
25 May 2010