At 31 December 2011
Notes | 2011 £m |
2010 £m |
|
---|---|---|---|
Non-current assets | |||
Goodwill | 13 | 1,069.7 | 1,331.1 |
Intangible assets | 14 | 139.4 | 112.5 |
Property, plant and equipment | 15 | 52.7 | 61.9 |
Interests in associates and joint ventures | 16 | 52.3 | 48.5 |
Deferred tax assets | 21 | 56.3 | 49.3 |
Available-for-sale financial assets | 17 | 4.8 | 15.6 |
Derivative financial assets | 20 | 20.1 | 8.5 |
Other financial assets | 20 | 0.7 | 0.7 |
1,396.0 | 1,628.1 | ||
Current assets | |||
Work in progress | 9.0 | 18.5 | |
Trade and other receivables | 18 | 2,372.4 | 2,414.1 |
Derivative financial assets | 20 | 2.3 | 3.2 |
Cash and short-term deposits | 20, 29 | 626.1 | 394.4 |
3,009.8 | 2,830.2 | ||
Total assets | 4,405.8 | 4,458.3 | |
Current liabilities | |||
Trade and other payables | 19 | (2,948.7) | (2,917.3) |
Borrowings | 20 | (136.2) | (85.6) |
Derivative financial liabilities | 20 | (14.8) | (13.4) |
Provisions | 22 | (4.5) | (3.3) |
Current tax liabilities | (16.6) | (9.0) | |
(3,120.8) | (3,028.6) | ||
Net current liabilities | (111.0) | (198.4) | |
Non-current liabilities | |||
Borrowings | 20 | (618.3) | (640.1) |
Other non-current liabilities | 20, 27 | (139.8) | (35.6) |
Derivative financial liabilities | 20 | (13.3) | (36.7) |
Provisions | 22 | (0.1) | (4.7) |
Deferred tax liabilities | 21 | (50.8) | (44.2) |
(822.3) | (761.3) | ||
Total liabilities | (3,943.1) | (3,789.9) | |
Net assets | 462.7 | 668.4 | |
Equity | |||
Share capital | 23 | 64.4 | 64.3 |
Own shares | 24 | (31.2) | (33.7) |
Share premium account | 25 | 398.7 | 395.8 |
Other equity reserves | 16.0 | 20.4 | |
Foreign currency translation reserve | 0.1 | 109.6 | |
Retained earnings | 27.6 | 147.4 | |
Potential acquisition of non-controlling interests | (18.5) | (48.9) | |
Equity attributable to equity holders of the parent | 457.1 | 654.9 | |
Non-controlling interests | 5.6 | 13.5 | |
Total equity | 462.7 | 668.4 |
These financial statements were approved by the Board of Directors on 14 March 2012 and were signed on its behalf by:
Jerry Buhlmann (Chief Executive Officer)
Nick Priday (Chief Financial Officer)