Annual Report - SABMiller

72 Consolidated balance sheet SABMiller plc Annual Report 2010Consolidated balance sheetat 31 March2010 2009 1Notes US$m US$mAssetsNon-current assetsGoodwill 10 11,584 8,716Intangible assets 11 4,354 3,742Property, plant and equipment 12 8,915 7,406Investments in joint ventures 13 5,822 5,495Investments in associates 14 2,213 1,787Available for sale investments 15 31 29Derivative financial instruments 23 409 695Trade and other receivables 17 117 125Deferred tax assets 20 164 16133,609 28,156Current assetsInventories 16 1,295 1,241Trade and other receivables 17 1,665 1,576Current tax assets 135 168Derivative financial instruments 23 20 54Available for sale investments 15 1 11Cash and cash equivalents 18 779 4223,895 3,472Total assets 37,504 31,628LiabilitiesCurrent liabilitiesDerivative financial instruments 23 (174) (35)Borrowings 21 (1,605) (2,148)Trade and other payables 19 (3,227) (2,400)Current tax liabilities (616) (463)Provisions 24 (355) (299)(5,977) (5,345)Non-current liabilitiesDerivative financial instruments 23 (147) (107)Borrowings 21 (7,809) (7,470)Trade and other payables 19 (145) (186)Deferred tax liabilities 20 (2,374) (2,030)Provisions 24 (453) (373)(10,928) (10,166)Total liabilities (16,905) (15,511)Net assets 20,599 16,117EquityShare capital 25 165 159Share premium 6,312 6,198Merger relief reserve 4,586 3,395Other reserves 26b 1,322 (872)Retained earnings 26a 7,525 6,496Total shareholders’ equity 19,910 15,376Minority interests in equity 689 741Total equity 20,599 16,1171 As restated (see note 28).The balance sheet of SABMiller plc is shown on page 145.The notes on pages 75 to 142 are an integral part of these consolidated financial statements.The financial statements were authorised for issue by the board of directors on 3 June 2010 and were signed on its behalf by:Graham MackayChief ExecutiveMalcolm WymanChief Financial Officer