Note2019
£m
Restated*
2018
£m
ASSETS
Non-current assets
Intangible assets12687.0709.8
Property, plant and equipment1358.445.3
Investments610.110.5
Deferred tax assets150.93.8
Total non-current assets756.4769.4
Current assets
Inventories16104.086.6
Current tax receivables207.9
Trade and other receivables1799.981.6
Cash and cash equivalents1880.379.7
Total current assets292.1247.9
Total assets1,048.51,017.3
LIABILITIES
Current liabilities
Borrowings21(1.2)(1.2)
Trade and other payables19(95.5)(75.7)
Deferred and contingent consideration33(5.1)(8.8)
Current tax liabilities20(16.3)(5.9)
Total current liabilities(118.1)(91.6)
Non-current liabilities
Borrowings21(306.9)(289.9)
Deferred income(0.2)
Deferred and contingent consideration33(30.9)(28.0)
Employee benefit obligations23(3.0)
Provisions22(2.0)(2.8)
Deferred tax liabilities15(81.5)(96.8)
Total non-current liabilities(421.3)(420.7)
Total liabilities(539.4)(512.3)
Net assets509.1505.0
EQUITY
Issued share capital251.01.0
Share premium account277.9276.7
Own shares26(0.4)
Foreign currency translation reserve21.617.8
Merger reserve84.484.4
Retained earnings124.2125.5
Total equity attributable to equity holders of the parent509.1505.0
Non-controlling interests27
Total equity509.1505.0

* Restated as detailed in note 1

 

The financial statements were approved by the Board of Directors on 2 September 2019 and are signed on its behalf by:

Ian Page
Chief Executive Officer
2 September 2019

Tony Rice
Non-Executive Chairman
2 September 2019

Company number: 3369634