Balance Sheet: Half Year 2020

For half year ended 30 June 2020

? ? At 30 June 2020? At 30 June 2019 ?At 31 December 2019
? Note £m £m £m
Assets ? ? ? ?
Property, plant and equipment?? 8 286.8 321.1 317.2
Right-of-use assets? ? 41.0 52.0 49.1
Intangible assets?? 9 196.3 213.8 204.8
Investments? ? 6.7 5.9 6.5
Other receivables? ? 2.8 5.1 5.7
Deferred tax assets? ? 11.8 12.5 6.0
Total non-current assets? ? 545.4 610.4 589.3
Inventories? ? 149.8 152.7 142.3
Derivative financial assets? 11 0.6 0.3 1.5
Trade and other receivables? ? 176.3 208.9 181.0
Current tax receivable? ? 1.8 0.9 2.3
Cash and cash equivalents 10 122.7 59.7 68.7
Total current assets? ? 451.2 422.5 395.8
Total assets? ? 996.6 1,032.9 985.1
Liabilities ? ? ? ?
Borrowings? ? 188.4 184.9 176.2
Lease liabilities ? 51.5 57.2 52.6
Employee benefits: pensions? 12 165.2 195.6 156.8
Provisions 13 9.6 8.5 9.2
Non-trade payables? ? 2.5 2.5 2.5
Deferred tax liabilities? ? 1.0 10.8 4.9
Total non-current liabilities? ? 418.2 459.5 402.2
Borrowings and bank overdrafts? ? 82.6 68.7 49.3
Lease liabilities ? 12.0 11.8 11.7
Trade and other payables? ? 160.8 178.7 173.3
Current tax payable? ? 31.6 27.0 26.9
Provisions? 13 10.4 9.5 8.9
Derivative financial liabilities? 11 1.4 0.5 0.6
Total current liabilities? ? 298.8 296.2 270.7
Total liabilities? ? 717.0 755.7 672.9
Total net assets ? 279.6 277.2 312.2
Equity ? ? ? ?
Share capital? ? 71.8 71.8 71.8
Share premium? ? 111.7 111.7 111.7
Reserves? ? 31.6 38.7 22.5
Retained earnings ? 25.0 9.0 64.7
Total equity attributable to shareholders of the Company? ? 240.1 231.2 270.7
Non-controlling interests? ? 39.5 46.0 41.5
Total equity ? 279.6 277.2 312.2

See our 2019 full year Financial Highlights to learn more.