NoteGroupCompany
2018
£m
2017
£m
2018
£m
2017
£m
ASSETS
Non-current assets
Investment properties1352.853.6
Property, plant and equipment141.30.7
Investments0.2
Investment in subsidiaries1512.512.5
Investment in joint ventures150.40.2
Amounts due from joint ventures151.0
Investment in associate151.11.1
Amounts due from associate153.05.8
Other receivables1811.05.7
Deferred tax160.70.6
Total non-current assets70.867.113.213.1
Current assets
Inventories17136.2139.9
Trade and other receivables1830.422.437.151.1
Corporation tax0.50.5
Amounts due from associate152.8
Amounts due from joint ventures1519.018.3
Cash and cash equivalents1940.426.518.30.1
Total current assets228.8207.155.951.7
Total assets299.6274.269.164.8
EQUITY
Capital and reserves attributable to the Company's equity holders
Share capital2020.520.420.520.4
Share premium account2134.834.334.834.3
Employee benefit trust21(1.1)(1.1)(1.1)(1.1)
Treasury reserve21(0.5)(0.5)
Special reserve216.16.16.16.1
Retained earnings12182.670.98.24.4
Total equity attributable to shareholders of the Company142.4130.668.064.1
LIABILITIES
Current liabilities
Bank loans and overdrafts2326.0
Zero Dividend Preference shares2318.4
Trade and other payables2224.920.51.10.7
Corporation tax6.66.5
Other financial liabilities253.720.1
Total current liabilities79.647.11.10.7
Non-current liabilities
Zero Dividend Preference shares2317.3
Bank loans2341.463.2
Other loans2334.314.0
Deferred tax161.92.0
Total non-current liabilities77.696.5
Total equity and liabilities299.6274.269.164.8

1 Retained earnings for the Company includes a profit for the year of £7.5m (2017: £2.9m).

 

The financial statements were approved and authorised for issue by the Board of Directors on 19 September 2018.

The accompaning notes form part of these financial statements.