for the year ended 31 October 2011
| |
2011 |
2010 |
|
£m |
£m |
£m |
£m |
Non-current assets |
|
|
|
|
Goodwill |
243.4 |
|
231.0 |
|
Development costs |
23.3 |
|
13.3 |
|
Other intangible assets |
191.8 |
|
182.0 |
|
Property, plant and equipment |
231.1 |
|
197.5 |
|
Interest in associate |
1.5 |
|
1.1 |
|
Deferred tax |
21.7 |
|
17.3 |
|
|
|
712.8 |
|
642.2 |
Current assets |
|
|
|
|
Inventories |
146.8 |
|
141.3 |
|
Trade and other receivables |
190.8 |
|
165.6 |
|
Cash and cash equivalents |
91.9 |
|
58.4 |
|
Derivative financial instruments |
1.9 |
|
1.9 |
|
|
|
431.4 |
|
367.2 |
| |
|
|
|
|
Total assets |
|
1,144.2 |
|
1,009.4 |
|
|
|
|
|
Current liabilities |
|
|
|
|
Borrowings |
(86.0) |
|
(65.6) |
|
Obligations under finance leases |
(2.0) |
|
(2.6) |
|
Trade and other payables |
(212.4) |
|
(222.3) |
|
Provisions |
(2.5) |
|
(1.9) |
|
Current tax liabilities |
(5.6) |
|
(7.7) |
|
Derivative financial instruments |
(1.5) |
|
(1.6) |
|
|
|
(310.0) |
|
(301.7) |
Non-current liabilities |
|
|
|
|
Borrowings |
(262.1) |
|
(294.6) |
|
Obligations under finance leases |
(4.4) |
|
(3.0) |
|
Trade and other payables |
(1.2) |
|
(1.0) |
|
Provisions |
(2.4) |
|
(3.1) |
|
Deferred tax |
(59.0) |
|
(52.4) |
|
Preference shares |
(0.1) |
|
(0.1) |
|
Retirement benefit obligations |
(25.2) |
|
(23.0) |
|
Derivative financial instruments |
(4.4) |
|
(7.3) |
|
|
|
(358.8) |
|
(384.5) |
|
|
|
|
|
Total liabilities |
|
(668.8) |
|
(686.2) |
|
|
|
|
|
Net assets |
|
475.4 |
|
323.2 |
|
|
|
|
|
Equity |
|
|
|
|
Share capital |
|
2.0 |
|
1.8 |
Share premium account |
|
230.6 |
|
120.4 |
Special capital reserve |
|
12.9 |
|
12.9 |
Hedging reserve |
|
- |
|
(2.7) |
Revaluation reserve |
|
1.4 |
|
1.4 |
Translation reserve |
|
(19.5) |
|
(12.4) |
Retained earnings |
|
254.6 |
|
209.0 |
|
|
482.0 |
|
330.4 |
Own shares |
|
(6.6) |
|
(7.2) |
Equity attributable to equity holders of the parent |
|
475.4 |
|
323.2 |
|
|
|
|
|
Total equity |
|
475.4 |
|
323.2 |