Directors' Reports and Financial Statements - DCC plc

DCC plc Annual Report & Accounts 2000Consolidated Balance Sheetas at 31 March 20002000 1999Notes E’000 e’000Fixed AssetsIntangible assets - goodwill 16 75,559 46,028Tangible fixed assets 17 123,094 106,697Financial assets - associated undertakings 18 34,598 56,844233,251 209,569AccountsCurrent AssetsStocks 20 76,016 54,133Debtors 21 248,401 150,924Cash and term deposits 23 551,276 311,314875,693 516,371Creditors: Amounts falling due within one yearBank and other debt 24 191,781 42,724Trade and other creditors 29 266,133 163,081Corporation tax 17,937 10,762Proposed dividend 9,735 8,070485,586 224,637Net Current Assets 390,107 291,73446Total Assets less Current Liabilities 623,358 501,303Financed by:Creditors: Amounts falling due after more than one yearBank and other debt 24 161,725 191,330Unsecured Notes due 2008/11 24 108,611 97,557Deferred acquisition consideration 17,569 9,868287,905 298,755Provisions for Liabilities and Charges 30 2,090 2,244289,995 300,999Capital and ReservesCalled up equity share capital 33 21,827 22,128Share premium account 34 121,987 120,796Reserves 35 185,309 52,297Equity Shareholders’ Funds 36 329,123 195,221Equity minority interests 37 3,274 3,902Capital grants 38 966 1,181333,363 200,304623,358 501,303Alex Spain, Jim Flavin, Directors