Balance Sheet: Full Year 2021

As at 31 December 2021

   

As at

31 December

2021

 

As at

31 December

2020
  Note £m £m
Assets      
Property, plant and equipment 9 248.1 267.6
Right-of-use assets 10 31.9 35.5
Intangible assets: goodwill 11 172.9 173.2
Intangible assets: other 11 10.2 12.2
Investments   - 7.2
Other receivables   2.9 4.0
Deferred tax assets   15.9 14.4
Total non-current assets   481.9 514.1
Inventories   140.7 122.4
Derivative financial assets  13 0.6 1.0
Trade and other receivables   161.4 143.6
Current tax receivable   0.6 1.6
Cash and cash equivalents 12 127.3 147.8
Total current assets   430.6 416.4
Total assets   912.5 930.5
Liabilities      
Borrowings   174.0 177.5
Lease liabilities   40.0 43.1
Employee benefits: pensions 14 102.7 176.3
Provisions 15 14.8 8.5
Non-trade payables   2.4 4.9
Deferred tax liabilities   1.2 0.5
Total non-current liabilities   335.1 410.8
Borrowings and bank overdrafts   - 71.3
Lease liabilities   9.8 11.5
Trade and other payables   177.2 148.4
Current tax payable   25.4 20.4
Provisions 15 14.8 27.3
Derivative financial liabilities 13 0.6 0.8
Total current liabilities   227.8 279.7
Total liabilities   562.9 690.5
Total net assets   349.6 240.0
Equity      
Share capital   71.3 71.3
Share premium   111.7 111.7
Reserves   18.5 18.7
Retained earnings   109.1 0.6
Total equity attributable to shareholders of the Company   310.6 202.3
Non-controlling interests   39.0 37.7
Total equity   349.6 240.0

See our full Financial Highlights to learn more, or view our Cash Flow and Income Statement to see our latest performance.