Source: Extract from Annual Report 2008
as at 31 December
Notes |
2008 £m |
2007 £m |
|
|---|---|---|---|
| Non-current assets | |||
| Intangible assets | 11 | 12,306 | 9,559 |
| Property, plant and equipment | 12 | 2,446 | 1,774 |
| Investment property | 13 | 112 | 113 |
| Equity accounted investments | 14 | 1,034 | 781 |
| Other investments | 15 | 6 | 6 |
| Other receivables | 16 | 162 | 322 |
| Other financial assets | 17 | 514 | 48 |
| Deferred tax assets | 8 | 1,026 | 567 |
| 17,606 | 13,170 | ||
| Current assets | |||
| Inventories | 18 | 926 | 701 |
| Trade and other receivables including amounts due from customers for contract work | 16 | 3,831 | 2,933 |
| Current tax | 14 | 35 | |
| Other investments | 15 | – | 164 |
| Other financial assets | 17 | 674 | 101 |
| Cash and cash equivalents | 2,624 | 3,062 | |
| 8,069 | 6,996 | ||
| Non-current assets and disposal groups held for sale | 19 | – | 94 |
| 8,069 | 7,090 | ||
| Total assets | 3 | 25,675 | 20,260 |
| Non-current liabilities | |||
| Loans | 20 | (2,608) | (2,197) |
| Trade and other payables | 21 | (701) | (413) |
| Retirement benefit obligations | 22 | (3,365) | (1,629) |
| Other financial liabilities | 17 | (383) | (26) |
| Deferred tax liabilities | 8 | (80) | (40) |
| Provisions | 23 | (459) | (399) |
| (7,596) | (4,704) | ||
| Current liabilities | |||
| Loans and overdrafts | 20 | (173) | (299) |
| Trade and other payables | 21 | (9,165) | (8,245) |
| Other financial liabilities | 17 | (362) | (71) |
| Current tax | (704) | (499) | |
| Provisions | 23 | (386) | (410) |
| (10,790) | (9,524) | ||
| Liabilities directly associated with disposal groups held for sale | 19 | – | (30) |
| (10,790) | (9,554) | ||
| Total liabilities | 3 | (18,386) | (14,258) |
| Net assets | 7,289 | 6,002 | |
| Capital and reserves | |||
| Issued share capital | 25, 27 | 90 | 90 |
| Share premium | 27 | 1,238 | 1,222 |
| Other reserves | 27 | 5,974 | 4,631 |
| Retained earnings | 27 | (68) | 23 |
| Total equity attributable to equity holders of the parent | 7,234 | 5,966 | |
| Minority interests | 27 | 55 | 36 |
| Total equity | 7,289 | 6,002 |
Approved by the Board on 18 February 2009 and signed on its behalf by:
| I G King | G W Rose |
| Chief Executive | Group Finance Director |
