Financial statements
Balance sheets at 31 March 2010
|
Group |
Company |
||||
|
Notes |
2010 |
2009 |
2010 |
2009 |
|
|
Assets |
|||||
|
Non-current assets |
|||||
|
Goodwill |
242.1 |
236.5 |
- |
- |
|
|
Other intangible assets |
5.1 |
5.4 |
- |
- |
|
|
Property, plant and equipment |
401.6 |
372.8 |
- |
- |
|
|
Other non-current assets |
100.0 |
46.2 |
- |
- |
|
|
Investment in subsidiary undertakings |
- |
- |
411.7 |
411.7 |
|
|
Investments in joint ventures |
0.2 |
2.2 |
- |
- |
|
|
749.0 |
663.1 |
411.7 |
411.7 |
||
|
Current assets |
|||||
|
Inventories |
2.9 |
1.6 |
- |
- |
|
|
Trade and other receivables |
130.1 |
118.3 |
0.2 |
- |
|
|
Cash and cash deposits |
61.4 |
3.7 |
56.2 |
3.3 |
|
|
194.4 |
123.6 |
56.4 |
3.3 |
||
|
Liabilities |
|||||
|
Current liabilities |
|||||
|
Borrowings |
(103.9) |
(150.0) |
(47.8) |
(40.9) |
|
|
Trade and other payables |
(108.0) |
(88.8) |
(0.1) |
- |
|
|
Current tax liabilities |
(27.3) |
(23.7) |
- |
- |
|
|
Provisions |
(18.4) |
(18.5) |
- |
- |
|
|
(257.6) |
(281.0) |
(47.9) |
(40.9) |
||
|
Net current (liabilities)/assets |
(63.2) |
(157.4) |
8.5 |
(37.6) |
|
|
Non-current liabilities |
|||||
|
Borrowings |
(377.6) |
(297.1) |
(167.6) |
(163.6) |
|
|
Other non-current liabilities |
(14.6) |
(2.1) |
- |
- |
|
|
Retirement benefit obligations |
(12.8) |
(7.3) |
- |
- |
|
|
Deferred tax liabilities |
(16.2) |
(16.0) |
- |
- |
|
|
Provisions |
(78.2) |
(79.2) |
- |
- |
|
|
(499.4) |
(401.7) |
(167.6) |
(163.6) |
||
|
Net assets |
186.4 |
104.0 |
252.6 |
210.5 |
|
|
Shareholders' equity |
|||||
|
Share capital |
57.0 |
12.0 |
57.0 |
12.0 |
|
|
Share premium account |
95.2 |
95.2 |
95.2 |
95.2 |
|
|
Retained earnings /(deficit) |
31.9 |
(3.2) |
100.4 |
103.3 |
|
|
Total shareholders' equity |
184.1 |
104.0 |
252.6 |
210.5 |
|
|
Minority interest |
2.3 |
- |
- |
- |
|
|
Total equity |
186.4 |
104.0 |
252.6 |
210.5 |
|
The 'Notes to the financial statements' pages form part of these financial statements.
The financial statements were approved by the Board of Directors and authorised for issue on 18 October 2010 and were signed on its behalf by:
C I J H Drummond
Chief Executive
Viridor Limited Registered Office: Peninsula House, Rydon Lane, Exeter, Devon, England EX2 7HR Registered in England No. 2456473