Condensed consolidated balance sheet
| |
Notes |
(Unaudited)
at
30 September
2008
£m |
(Unaudited)
at
30 September
2007
£m |
(Audited)
at
31 March
2008
£m |
| ASSETS |
|
|
|
|
| Non-current assets |
|
|
|
|
| Goodwill |
7 |
27.9 |
- |
- |
| Other intangible assets |
7 |
5.2 |
0.3 |
0.2 |
| Property, plant and equipment |
|
3.4 |
3.3 |
2.1 |
| Available for sale investments |
|
2.0 |
2.0 |
2.0 |
| Deferred income tax assets |
|
7.1 |
4.6 |
4.6 |
| |
|
45.6 |
10.2 |
8.9 |
| Current assets |
|
|
|
|
| Inventories |
|
0.4 |
0.2 |
0.2 |
| Trade and other receivables |
|
26.7 |
12.6 |
16.1 |
| Current income tax assets |
|
- |
0.1 |
- |
| Cash and cash equivalents |
13 |
2.4 |
1.5 |
1.0 |
| |
|
29.5 |
14.4 |
17.3 |
| |
|
|
|
|
| Total assets |
|
75.1 |
24.6 |
26.2 |
| |
|
|
|
|
| EQUITY |
|
|
|
|
| Capital and reserves attributable to the Company's
equity shareholders |
|
|
|
|
| Share capital and premium |
8 |
94.3 |
55.6 |
55.6 |
| Capital redemption reserve |
14 |
0.7 |
0.7 |
0.7 |
| Currency translation reserve |
14 |
0.4 |
- |
- |
| Fair value and other reserves |
14 |
36.7 |
38.8 |
35.0 |
| Retained deficit |
14 |
(187.6) |
(196.2) |
(190.5) |
| Total equity |
|
(55.5) |
(101.1) |
(99.2) |
| |
|
|
|
|
| LIABILITIES |
|
|
|
|
| Non-current liabilities |
|
|
|
|
| Trade and other payables |
|
0.4 |
0.4 |
0.1 |
| Borrowings |
13 |
0.2 |
0.1 |
0.1 |
| Retirement benefit liabilities |
9 |
56.0 |
57.2 |
60.0 |
| Deferred tax liabilities |
|
2.0 |
- |
- |
| Provisions for liabilities and charges |
|
17.1 |
23.4 |
19.7 |
| |
|
75.7 |
81.1 |
79.9 |
| Current liabilities |
|
|
|
|
| Trade and other payables |
|
26.8 |
22.5 |
25.1 |
| Derivative financial instruments |
|
0.3 |
- |
0.1 |
| Current income tax liabilities |
|
- |
0.3 |
- |
| Borrowings |
13 |
27.8 |
21.8 |
20.3 |
| |
|
54.9 |
44.6 |
45.5 |
| Total liabilities |
|
130.6 |
125.7 |
125.4 |
| Total equity and liabilities |
|
75.1 |
24.6 |
26.2 |
The Board approved this Half-Year Report on 26 November 2008. The notes are an integral part of this Half-Year Report.
Signed on behalf of the Board of Directors.
| Andrew McCree |
Alice Cummings |
| CEO |
CFO |