Group Balance Sheet
(COMPANY NUMBER: SC177553)
As at 31 December 2013
|
Notes |
2013 |
2012 |
|
|
Non-current assets |
|||
|
Goodwill |
133 |
145 |
|
|
Other intangible assets |
18 |
26 |
|
|
Property, plant and equipment |
1,165 |
1,276 |
|
|
Derivative financial instruments |
– |
6 |
|
|
Deferred tax asset |
23 |
21 |
|
|
1,339 |
1,474 |
||
|
Current assets |
|||
|
Inventories |
149 |
178 |
|
|
Trade and other receivables |
417 |
421 |
|
|
Cash and cash equivalents |
38 |
23 |
|
|
Derivative financial instruments |
11 |
5 |
|
|
Current tax assets |
21 |
23 |
|
|
636 |
650 |
||
|
Total assets |
1,975 |
2,124 |
|
|
Current liabilities |
|||
|
Borrowings |
(36) |
(185) |
|
|
Derivative financial instruments |
(1) |
(1) |
|
|
Trade and other payables |
(300) |
(338) |
|
|
Current tax liabilities |
(68) |
(52) |
|
|
Provisions |
– |
(5) |
|
|
(405) |
(581) |
||
|
Non-current liabilities |
|||
|
Borrowings |
(365) |
(431) |
|
|
Derivative financial instruments |
(8) |
(13) |
|
|
Deferred tax liabilities |
(51) |
(49) |
|
|
Retirement benefit obligation |
(6) |
(4) |
|
|
Provisions |
– |
(1) |
|
|
(430) |
(498) |
||
|
Total liabilities |
(835) |
(1,079) |
|
|
Net assets |
1,140 |
1,045 |
|
|
Shareholders' equity |
|||
|
Share capital |
49 |
49 |
|
|
Share premium |
20 |
19 |
|
|
Treasury shares |
(24) |
(34) |
|
|
Capital redemption reserve |
6 |
6 |
|
|
Hedging reserve (net of deferred tax) |
(1) |
(9) |
|
|
Foreign exchange reserve |
(72) |
15 |
|
|
Retained earnings |
1,162 |
999 |
|
|
Total shareholders' equity |
1,140 |
1,045 |
The financial statements were approved by the Board of Directors on 6 March 2014 and signed on its behalf by:
 |
 |
|
K Hanna Chairman |
A G Cockburn Chief Financial Officer |