NATS-Annual-Report-2015

Annual Report and Accounts 2015 | NATS Holdings Limited
Financial Statements 150
Notes forming part of the
consolidated accounts
(continued)
30. Subsidiaries, joint ventures and associates (continued)
The summarised financial information above is reconciled to the carrying amount recognised in the consolidated financial
statements as follows:
Associate
ESSP
£m
2015 2014
Joint
venture
FerroNATS
£m
Joint
venture
Aquila
£m
Associate
ESSP
£m
Joint
venture
FerroNATS
£m
Current assets 27.1 4.1 - 19.0 4.0
Non-current assets 0.4 0.8 19.3 0.4 1.5
Current liabilities (21.3) (2.2) (18.8) (14.3) (3.1)
Non-current liabilities (1.0) (0.7) - - (1.1)
Net assets of associate/joint venture 5.2 2.0 0.5 5.1 1.3
Group share 0.9 1.0 0.2 1.0 0.6
Revenue 49.7 10.4 28.0 38.9 7.8
Profit/(loss) after tax for the year 2.1 0.9 0.3 1.6 (0.1)
Group share 0.4 0.5 0.1 0.3 (0.1)
Dividends received (0.2) - - (0.2) -
Other comprehensive income (0.2) (0.1) - - -
31. Ultimate controlling party
The ultimate controlling party of NATS Holdings Limited is The Airline Group Limited, a company incorporated in Great Britain and
registered in England and Wales.
32. Events after the reporting period
In May 2015, the Board declared an interim dividend for the year ending 31 March 2016 of 38.03 pence per share, totalling £54.4m
which was paid in June 2015.
Financial
Statements