Annual Report and Accounts 2006 - DCC plc

financial statements53group balance sheetas at 31 March 20062006 2005Note €’000 €’000ASSETSNon-current assetsProperty, plant and equipment 19 267,494 254,791Intangible assets 20 248,475 208,053Investments in associates 21 76,789 51,384Deferred income tax assets 31 4,596 6,957Derivative financial instruments 28 8,989 -606,343 521,185Current assetsInventories 23 138,734 124,049Trade and other receivables 24 522,143 410,190Derivative financial instruments 28 144 -Cash and cash equivalents 27 345,280 353,3041,006,301 887,543Total assets 1,612,644 1,408,728EQUITYCapital and reserves attributable to equity holdersof the CompanyEquity share capital 36 22,057 22,042Share premium account 37 124,687 124,506Other reserves 38 1,400 1,400Other reserves - share options 38 3,392 1,552Cash flow hedge reserve 38 20 -Foreign currency translation reserve 38 (10,344) (5,565)Retained earnings 39 439,477 343,936580,689 487,871Minority interest 40 4,714 4,348Total equity 585,403 492,219LIABILITIESNon-current liabilitiesBorrowings 29 292,793 316,644Derivative financial instruments 28 27,077 -Deferred income tax liabilities 31 10,718 9,996Retirement benefit obligations 32 20,679 25,380Deferred acquisition consideration 33 18,808 10,839Capital grants 35 1,991 958372,066 363,817Current liabilitiesTrade and other payables 25 543,913 447,717Current income tax liabilities 36,697 37,189Borrowings 29 67,151 45,553Derivative financial instruments 28 73 -Provisions for liabilities and charges 34 3,785 15,149Deferred acquisition consideration 33 3,556 7,084655,175 552,692Total liabilities 1,027,241 916,509Total equity and liabilities 1,612,644 1,408,728Alex Spain, Jim Flavin, Directors