Consolidated Balance Sheet

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as at 30th September, 2007

 

Note		 
         2007
         £m		 Restated*
2006
£m
ASSETS        
Non-current assets        
Goodwill     17     887.4   675.5
Other intangible assets 18     592.7   449.4
Property, plant and equipment 19     520.7   513.7
Investments          
Joint ventures 20     19.2     18.9
Associates 20     64.7     68.1
      83.9   87.0
Available-for-sale investments 21     52.3   73.2
Deferred tax assets 34     8.0   15.7
Derivative financial assets 30     14.4   12.4
Trade and other receivables 23     4.8   4.6
Retirement benefit assets 32     82.0   –
      2,246.2   1,831.5
Current assets          
Inventories 22     25.5   31.3
Trade and other receivables 23     429.5   363.0
Derivative financial assets 30     16.1   26.9
Cash and cash equivalents 26     70.4   97.3
      541.5   518.5
Total assets     2,787.7   2,350.0
           
LIABILITIES          
Current liabilities          
Trade and other payables 27     (621.0)   (536.2)
Current tax payable 28     (157.4)   (168.5)
Acquisition put option commitments 29     (21.8)   –
Other financial liabilities 31     (43.2)   (12.3)
Derivative financial liabilities 30     (4.8)   (2.9)
Provisions 33     (22.7)   (46.2)
      (870.9)   (766.1)
Non-current liabilities          
Acquisition put option commitments 29     (18.8)   (32.7)
Other financial liabilities 31     (982.7)   (832.0)
Retirement benefit obligations 32     (1.4)   (151.3)
Derivative financial liabilities 30     (8.1)   (1.6)
Provisions 33     (49.0)   (47.1)
Deferred tax liabilities 34     (135.6)   (42.3)
Other non-current liabilities 27     (0.7)   (1.6)
      (1,196.3)   (1,108.6)
Total liabilities     (2,067.2)   (1,874.7)
Net assets     720.5   475.3
           
SHAREHOLDERS’ EQUITY          
Called up share capital 35     49.4   50.2
Share premium account 36     12.4   9.7
Share capital     61.8   59.9
           
Capital redemption reserve 36     0.8   –
Revaluation reserve 36     46.0   46.5
Shares held in treasury 36     (44.4)   (63.1)
Translation reserve 36     27.0   8.2
Retained earnings 36     601.7   423.8
           
Equity shareholders’ funds     692.9   475.3
Equity minority interests 37     27.6   –
     720.5   475.3

* restated following a reclassification of derivatives (note 1) and certain items within equity (note 36). The accounts on pages 60 to 135 were approved by the Directors and authorised for issue on 20th November, 2007. They were signed on their behalf by:

ROTHERMERE
C J F SINCLAIR
Directors

Daily Mail and General Trust plc