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Consolidated balance sheet

At 31 December 2010 Notes 2010
£m
2009
£m
Non-current assets      
Intangible assets:      
Goodwill 12 9,106.3 8,697.5
Other 12 1,904.5 2,000.7
Property, plant and equipment 13 708.4 680.5
Interests in associates 14 792.1 729.3
Other investments 14 173.7 294.6
Deferred tax assets 15 79.1 67.5
Trade and other receivables 17 323.5 286.1
    13,087.6 12,756.2
Current assets      
Inventory and work in progress 16 366.0 306.7
Corporate income tax recoverable   82.9 73.0
Trade and other receivables 17 8,843.4 7,548.9
Cash and short-term deposits   1,965.2 1,666.7
    11,257.5 9,595.3
Current liabilities      
Trade and other payables 18 (11,703.6) (9,774.0)
Corporate income tax payable   (115.8) (71.6)
Bank overdrafts and loans 20 (255.4) (720.7)
    (12,074.8) (10,566.3)
Net current liabilities   (817.3) (971.0)
Total assets less current liabilities   12,270.3 11,785.2
Non-current liabilities      
Bonds and bank loans 20 (3,598.2) (3,586.4)
Trade and other payables 19 (388.6) (423.3)
Corporate income tax liability   (481.8) (485.5)
Deferred tax liabilities 15 (750.7) (809.6)
Provision for post-employment benefits 23 (241.5) (251.8)
Provisions for liabilities and charges 21 (161.6) (152.9)
    (5,622.4) (5,709.5)
Net assets   6,647.9 6,075.7
Equity      
Called-up share capital 26 126.4 125.6
Share premium account   54.5 12.6
Shares to be issued   3.1 5.5
Merger reserve   (5,136.8) (5,138.0)
Other reserves 27 1,182.8 1,093.1
Own shares   (144.8) (154.0)
Retained earnings   10,361.4 9,949.2
Equity share owners’ funds   6,446.6 5,894.0
Non-controlling interests   201.3 181.7
Total equity   6,647.9 6,075.7
Note
The accompanying notes form an integral part of this consolidated balance sheet.

The financial statements were approved by the Board of Directors and authorised for issue on 18 April 2011.

 

Signed on behalf of the Board: