Annual Report and Accounts 2006 - DCC plc

notes to the financial statements 10947. Reconciliations from Irish GAAP to IFRS - continued(4) Group balance sheet as at 31 March 2005 - reconciliation from Irish GAAP to IFRSIFRS 2 IAS 19 IFRS 3Previous Share based Employee Business Deferred Joint Reclassifications RestatedIrish GAAP payment benefits combinations tax ventures Dividend and other under IFRSASSETS €’000 €’000 €’000 €’000 €’000 €’000 €’000 €’000 €’000Non-current assetsProperty, plant and equipment 247,647 7,144 254,791Intangible assets - goodwill 193,762 (2,848) 3,503 1,758 545 196,720Intangible assets - other - 11,333 11,333Financial assets 64,192 343 (13,151) 51,384Deferred tax assets 3,720 191 3,046 6,957509,321 191 3,046 8,828 3,503 (4,249) - 545 521,185Current assetsInventories 123,734 315 124,049Trade and other receivables 417,814 (8,910) 1,286 410,190Cash and cash equivalents 352,399 905 353,304893,947 - (8,910) - - 2,506 - - 887,543Total assets 1,403,268 191 (5,864) 8,828 3,503 (1,743) - 545 1,408,728EQUITYCapital and reserves attributable to equity holdersShare capital 22,042 22,042Share premium account 124,506 124,506Other reserves 1,400 1,400Other reserves - share options - 1,552 1,552Foreign currency translation reserve - (5,565) (5,565)Retained earnings 345,748 (1,361) (30,175) 8,828 19,070 1,826 343,936Minority interests 4,348 4,348Total equity 498,044 191 (30,175) 8,828 - - 19,070 (3,739) 492,219LIABILITIESNon-current liabilitiesInterest-bearing loans and borrowings 315,464 1,180 316,644Retirement benefit obligations - 25,380 25,380Deferred income tax liabilities 5,350 (1,069) 3,503 152 2,060 9,996Deferred acquisition consideration 10,839 10,839Capital grants 958 958332,611 - 24,311 - 3,503 1,332 - 2,060 363,817Current liabilitiesInterest-bearing loans and borrowings 45,127 426 45,553Trade and other payables 464,210 (3,568) (12,925) 447,717Current income tax liabilities 37,122 67 37,189Provisions for liabilities and charges - 15,149 15,149Deferred acquisition consideration 7,084 7,084Proposed dividend 19,070 (19,070) -572,613 - - - - (3,075) (19,070) 2,224 552,692Total liabilities 905,224 - 24,311 - 3,503 (1,743) (19,070) 4,284 916,509Total equity and liabilities 1,403,268 191 (5,864) 8,828 3,503 (1,743) - 545 1,408,728Net debt (8,192) - - - - (701) - - (8,893)