20645_Scapa_AR_160504

CONSOLIDATED BALANCE BALANCE SHEET SHEET
AS AT 31 31 MARCH 2016 2016
Assets
Non-current assets
note
31 March
2016
£m
31 March
2015
£m
Goodwill 12 34.7 33.9
Intangible assets 13 3.4 5.6
Property, plant and equipment 14 46.1 42.0
Deferred tax asset 9 7.6 9.1
Current assets
91.8 90.6
Assets classified as held for sale 15 – –
Inventory 16 27.1 24.8
Trade and other receivables 17 47.9 46.0
Current tax asset 4.8 0.4
Cash and cash equivalents 18 18.7 16.7
Liabilities
Current liabilities
Financial liabilities:
98.5 87.9
– Borrowings and other financial liabilities 20 (1.0) (1.3)
Trade and other payables 19 (45.2) (44.8)
Deferred consideration (0.1) (0.1)
Current tax liabilities (4.4) (0.9)
Provisions 23 (3.9) (1.0)
(54.6) (48.1)
Net current assets 43.9 39.8
Non-current liabilities
Financial liabilities:
– Borrowings and other financial liabilities 20 (20.3) (18.8)
Trade and other payables 19 (0.2) (0.2)
Deferred consideration (0.1) (0.1)
Deferred tax liabilities 9 (6.4) (6.5)
Non-current tax liabilities (2.0) (1.8)
Retirement benefit obligations 24 (27.5) (39.8)
Provisions 23 (1.5) (1.4)
(58.0) (68.6)
Net assets 77.7 61.8
Shareholders’ equity
Ordinary shares 25 7.5 7.4
Share premium 0.4 0.4
Retained earnings 49.3 36.0
Translation reserve 20.5 18.0
Total shareholders’ equity 77.7 61.8
The notes on pages [75 to 106] form part of these accounts. These accounts were approved by the Directors on 24 May 2016.
H R CHAE
Group Chief Executive
G S HARDCASTLE
Group Finance Director Registered in England No. 826179
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SCAPA GROUP PLC ANNUAL REPORT AND ACCOUNTS 2016
65
Annual Report and Accounts 2016 Scapa Group plc