Combined and Consolidated Balance Sheet.

Combined and Consolidated Balance Sheet 2011

		Group		Company
		1 May 2011	2 May 2010	1 May 2011	2 May 2010
	Note	£m	£m	£m	£m
ASSETS
Non-current assets
Property, plant and equipment	20	38.6	23.3	0.9	0.1
Intangible assets	21	29.4	1.1	0.4	0.1
Investments in subsidiaries	22	-	-	400.0	375.0
Deferred income tax assets	23	44.2	49.7	-	-
Total non-current assets		112.2	74.1	401.3	375.2
Current assets
Inventories	24	52.3	21.1	-	-
Trade and other receivables	25	35.7	16.4	16.0	1.5
Derivative financial instruments	33	-	0.1	-	-
Cash and cash equivalents	26	32.2	29.4	5.7	15.0
Total current assets		120.2	67.0	21.7	16.5
LIABILITIES
Current liabilities
Borrowings	27	-	1.4	12.9	-
Trade and other payables	28	34.1	21.5	1.4	1.4
Current income tax liabilities	28	7.1	-	-	-
Derivative financial instruments	33	1.5	0.3	-	-
Provision for other liabilities and charges	29	-	(0.8)		-
Total current liabilities		42.7	24.0	14.3	1.4
Net current assets		77.5	43.0	7.4	15.1
Non-current liabilities
Borrowings	27	0.9	-	-	-
Trade and other payables	28	34.5	16.6	-	-
Provisions for other liabilities and charges	29	0.5	-	-	-
Deferred income tax liabilities	23	3.0	-	-	-
Total non-current liabilities		38.9	16.6	-	-
Net assets		150.8	100.5	408.7	390.3
EQUITY
Share capital (Statement of changes in equity)		4.0	4.0	4.0	4.0
Share premium (Statement of changes in equity)		138.6	120.1	138.6	120.1
Translation reserve (Statement of changes in equity)		1.7	-	-	-
Merger reserve (Statement of changes in equity)		(342.3)	(342.3)	-	-
Retained earnings (Statement of changes in equity)		348.8	318.7	266.1	266.2
Total equity		150.8	100.5	408.7	390.3

Combined and Consolidated Balance Sheet 2010

		£’000	£’000
	Note	2 May 2010	3 May 2009
ASSETS
Non-current assets
Property, plant and equipment	11.18	23,299	12,250
Intangible assets	11.19	1,093	627
Investments in subsidiaries	11.20	-	-
Deferred income tax assets	11.21	49,702	-
Total non-current assets		74,094	12,877
Current assets
Inventories	11.22	21,130	17,563
Trade and other receivables	11.23	16,373	9,283
Derivative financial instruments	11.31	103	-
Cash and cash equivalents	11.24	29,359	777
Total current assets		66,965	27,623
LIABILITIES
Current liabilities
Borrowings	11.25	1,349	5,408
Trade and other payables	11.26	21,480	11,639
Derivative financial instruments	11.31	337	329
Provisions for other liabilities and charges	11.27	817	28
Total current liabilities		23,983	17,404
Net current assets		42,982	10,219
Non-current liabilities
Borrowings	11.25	21	2,574
Trade and other payables	11.26	16,528	4,773
Total non-current liabilities		16,549	7,347
Net assets		100,527	15,749
Equity
Share capital	10.4	3,950	2,700
Share premium	10.4	120,138	-
Translation reserve	10.4	(33)	-
Merger reserve	10.4	(342,265)	(2,700)
Retained earnings	10.4	318,737	15,749
Total equity		100,527	15,749