Condensed consolidated balance sheet
| |
Notes |
Unaudited
at
30 September
2007
£m |
Unaudited
at
30 September
2006
£m |
Audited
at
31 March
2007
£m |
| ASSETS |
|
|
|
|
| Non-current assets |
|
|
|
|
| Other intangible assets |
|
0.3 |
- |
0.2 |
| Property, plant and equipment |
|
3.3 |
4.7 |
4.0 |
| Available for sale investments |
|
2.0 |
2.0 |
2.0 |
| Deferred income tax assets |
|
4.6 |
4.6 |
4.6 |
| |
|
10.2 |
11.3 |
10.8 |
| Current assets |
|
|
|
|
| Inventories |
|
0.2 |
2.6 |
0.1 |
| Trade and other receivables |
|
12.6 |
18.4 |
15.1 |
| Current income tax assets |
|
0.1 |
- |
0.1 |
| Cash and cash equivalents |
11 |
1.5 |
- |
3.6 |
| |
|
14.4 |
21.0 |
18.9 |
| |
|
|
|
|
| Total assets |
|
24.6 |
32.3 |
29.7 |
| |
|
|
|
|
| EQUITY |
|
|
|
|
| Capital and reserves attributable to the Company's
equity shareholders |
|
|
|
|
| Share capital and premium |
6 |
55.6 |
49.2 |
49.2 |
| Capital redemption reserve |
|
0.7 |
0.7 |
0.7 |
| Fair value and other reserves |
|
38.8 |
(1.3) |
4.6 |
| Retained deficit |
|
(196.2) |
(201.2) |
(199.0) |
| Total equity |
|
(101.1) |
(152.6) |
(144.5) |
| |
|
|
|
|
| LIABILITIES |
|
|
|
|
| Non-current liabilities |
|
|
|
|
| Trade and other payables |
|
0.4 |
0.2 |
0.5 |
| Borrowings |
11 |
0.1 |
0.3 |
0.1 |
| Retirement benefit liabilities |
7 |
57.2 |
95.7 |
92.2 |
| Provisions for liabilities and charges |
|
23.4 |
32.2 |
26.0 |
| |
|
81.1 |
128.4 |
118.8 |
| Current liabilities |
|
|
|
|
| Trade and other payables |
|
22.5 |
36.3 |
30.1 |
| Bank overdrafts |
11 |
- |
2.4 |
- |
| Current income tax liabilities |
|
0.3 |
- |
0.4 |
| Borrowings |
11 |
21.8 |
17.8 |
24.9 |
| |
|
44.6 |
56.5 |
55.4 |
| |
|
|
|
|
| Total liabilities |
|
125.7 |
184.9 |
174.2 |
| Total equity and liabilities |
|
24.6 |
32.3 |
29.7 |
The notes are an integral part of this Half-Yearly Report.
The Board approved this Half-Yearly Report on 29 November 2007.
Signed on behalf of the Board of Directors.
| Bernard Bulkin |
Andrew McCree |
Alice Cummings |
| Chairman |
CEO |
CFO |