Annual report and financial statements 2011 - Analist.nl
Annual report and financial statements 2011 - Analist.nl
Annual report and financial statements 2011 - Analist.nl
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75<br />
Consolidated statement of <strong>financial</strong> position<br />
Assets<br />
Non-current assets<br />
Intangible assets 14 527.7 452.8<br />
Property, plant <strong>and</strong> equipment 15 4,662.2 4,722.0<br />
Investment property 16 16.0 22.4<br />
Investment in joint ventures 17 13.0 11.5<br />
Other <strong>financial</strong> assets 18 3.0 3.0<br />
Retirement benefit asset 11 182.6 –<br />
Trade <strong>and</strong> other receivables 19 276.1 287.7<br />
Derivative <strong>financial</strong> instruments 23 21.8 132.9<br />
Deferred tax assets 25 – 0.7<br />
5,702.4 5,633.0<br />
Current assets<br />
Inventories 685.3 613.2<br />
Other <strong>financial</strong> assets 18 215.9 171.7<br />
Trade <strong>and</strong> other receivables 19 250.3 281.4<br />
Derivative <strong>financial</strong> instruments 23 18.4 48.1<br />
Current tax receivable 1.6 –<br />
Cash <strong>and</strong> cash equivalents 20 470.2 405.8<br />
1,641.7 1,520.2<br />
Total assets 7,344.1 7,153.2<br />
Liabilities<br />
Current liabilities<br />
Trade <strong>and</strong> other payables 21 1,347.6 1,153.8<br />
Borrowings <strong>and</strong> other <strong>financial</strong> liabilities 22 602.3 482.9<br />
Partnership liability to the Marks & Spencer UK Pension Scheme 12 71.9 71.9<br />
Derivative <strong>financial</strong> instruments 23 50.7 27.1<br />
Provisions 24 22.7 25.6<br />
Current tax liabilities 115.0 129.2<br />
2,210.2 1,890.5<br />
Non-current liabilities<br />
Retirement benefit deficit 11 14.1 366.5<br />
Trade <strong>and</strong> other payables 21 262.3 280.3<br />
Borrowings <strong>and</strong> other <strong>financial</strong> liabilities 22 1,924.1 2,278.0<br />
Derivative <strong>financial</strong> instruments 23 37.5 –<br />
Provisions 24 22.0 25.5<br />
Deferred tax liabilities 25 196.5 126.5<br />
2,456.5 3,076.8<br />
Total liabilities 4,666.7 4,967.3<br />
Net assets 2,677.4 2,185.9<br />
Equity<br />
Called-up share capital 26 396.2 395.5<br />
Share premium account 255.2 247.5<br />
Capital redemption reserve 2,202.6 2,202.6<br />
Hedging reserve (11.3) 11.6<br />
Other reserve (6,042.4) (5,970.5)<br />
Retained earnings 5,873.2 5,281.9<br />
Total shareholders’ equity 2,673.5 2,168.6<br />
Non-controlling interests in equity 3.9 17.3<br />
Total equity 2,677.4 2,185.9<br />
The <strong>financial</strong> <strong>statements</strong> were approved by the Board <strong>and</strong> authorised for issue on 23 May <strong>2011</strong>. The <strong>financial</strong> <strong>statements</strong> also comprise<br />
the notes on pages 78 to 106.<br />
Marc Boll<strong>and</strong> Chief Executive Officer<br />
Alan Stewart Chief Finance Officer<br />
Notes<br />
As at<br />
2 April<br />
<strong>2011</strong><br />
£m<br />
As at<br />
3 April<br />
2010<br />
£m<br />
Strategy Performance & Marketplace Operating review Financial review Governance<br />
Financial <strong>statements</strong><br />
& other information<br />
To find out more visit marks<strong>and</strong>spencer.com/annual<strong>report</strong><strong>2011</strong><br />
Financial <strong>statements</strong>
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