Consolidated Balance Sheet

Condensed consolidated balance sheet
at 31 December 2016 (unaudited)

  Notes 31 Dec
2016
£m
31 Dec
2015
(Restated –
Note 2)
£m
30 Jun
2016
(audited)
£m
Assets
Non-current assets
Intangible assets   15.1 18.8 16.7
Goodwill 8 135.5 135.5 135.5
Property, plant and equipment   22.1 23.8 19.1
Investments in joint ventures   23.7 19.2 24.8
Financial assets
– Available for sale financial assets 15 24.2 11.3 16.9
Trade and other receivables 10 73.7 35.6 75.8
Retirement benefit asset 14 - 7.3 -
Deferred income tax assets   3.1 1.8 2.2
Total non-current assets   297.4 253.3 291
Current assets
Inventories 0.7 - 0.1
Developments 9 847.3 859.9 820.8
Trade and other receivables 10 796.1 735.1 718
Cash and cash equivalents 11 42.7 83.7 166.3
Total current assets   1,686.80 1,678.70 1,705.20
Total assets   1,984.20 1,932.00 1,996.20
Liabilities
Current liabilities
Financial liabilities
 – Borrowings 11 (0.2) (0.2) (0.3)
Trade and other payables 12 (1,095.60) (997.2) (1,059.20)
Current income tax liabilities (17) (11.7) (12.2)
Provisions   (0.2) (0.4) (0.3)
Total current liabilities   (1,113.00) (1,009.50) (1,072.00)
Net current assets   573.8 669.2 633.2
Non-current liabilities
Financial liabilities
– Borrowings 11 (156.3) (179.2) (174.7)
– Derivatives financial liabilities 15 (3) (1) (4.5)
Retirement benefit obligations 14 (10.6) - (4.3)
Other non-current liabilities 13 (101.8) (170.5) (139.1)
Provisions   (1.4) (1.8) (1.6)
Total non-current liabilities   (273.1) (352.5) (324.2)
Total liabilities   (1,386.10) (1,362.00) (1,396.20)
Net assets   598.1 570 600
Equity
Ordinary shares   41.4 41.1 41.4
Share premium   194.4 191.8 194.4
Other reserves   4.8 4.8 4.8
Retained earnings   357.5 332.3 359.4
Total shareholders’ equity   598.1 570 600