 |
Group balance sheet
At 31 December 1998
|
1998
US$m* |
|
1998
£m |
|
1997
£m |
Fixed assets |
|
|
|
|
|
Intangible assets |
210.0 |
|
126.2 |
|
119.1 |
Tangible assets |
304.9 |
|
183.3 |
|
150.7 |
Investments |
2.7 |
|
1.6 |
|
5.0 |
Fixed assets total |
517.6 |
|
311.1 |
|
274.8 |
Current assets |
|
|
|
|
|
Stocks |
2,462.1 |
|
1,479.8 |
|
908.2 |
Debtors |
606.8 |
|
364.7 |
|
223.0 |
Non-liquid investments |
11.0 |
|
6.6 |
|
1.6 |
Cash and liquid investments |
98.1 |
|
59.0 |
|
38.1 |
Current assets total |
3,178.0 |
|
1,910.1 |
|
1,170.9 |
Creditors : amounts falling due within one year |
|
|
|
|
|
Borrowings |
(950.0) |
|
<(571.0) |
|
(15.0) |
Other |
(1,404.5) |
|
(844.1) |
|
(692.9) |
Creditors total |
(2,354.5) |
|
(1,415.1) |
|
(707.9) |
Net current assets |
823.5 |
|
495.0 |
|
463.0 |
Total assets less current liabilities |
1,341.1 |
|
806.1 |
|
737.8 |
Creditors : amounts falling due after more than one year |
|
|
|
|
|
Borrowings |
(1,963.9) |
|
(1,180.4) |
|
(1,120.0) |
Other |
(53.4) |
|
(32.1) |
|
(25.3) |
Creditors total |
(2,017.3) |
|
(1,212.5) |
|
(1,145.3) |
Provisions for liabilities and charges |
(156.9) |
|
(94.3) |
|
(133.3) |
Net liabilities |
(833.1) |
|
(500.7) |
|
(540.8) |
Capital and reserves |
|
|
|
|
|
Called up share capital |
113.3 |
|
68.1 |
|
69.0 |
Share premium account |
165.5 |
|
99.5 |
|
99.5 |
Capital redemption reserve |
1.5 |
|
0.9 |
|
- |
Other reserve |
(1,516.0) |
|
(911.2) |
|
(911.2) |
Profit and loss account |
402.6 |
|
242.0 |
|
201.9 |
Equity shareholders' funds |
(833.1) |
|
(500.7) |
|
(540.8) |
Net debt |
(2,815.8) |
|
(1,692.4) |
|
(1,096.9) |
This summary financial statement was approved by the board on 1 March 1999 and signed
on its behalf by Peter Wilson and Philip Burchell.
* |
US dollar equivalents are provided for reader convenience at the 31 December 1999 exchange rate of £1:US$1.6638. |
Source: Final results 1998 news release
|