financials
 

Group Balance Sheet


as at 31 December 2010

    2010     2009
    €'000     €'000
ASSETS        
Non-current assets          
Goodwill   552,831     544,286
Intangible assets   4,453     6,665
Property, plant and equipment   568,767     604,838
Deferred tax assets   46,252     22,459
Retirement benefit assets   1,107     -
Derivative financial instruments   11,068     12,524
Investment in associate   3,690     3,690
Financial assets   176     211
Total non-current assets   1,188,344     1,194,673
           
Current assets          
Inventories   271,918     265,748
Trade and other receivables   305,560     306,863
Derivative financial instruments   5,798     4,405
Cash and cash equivalents   234,275     301,985
Properties held for resale   14,693     12,363
Total current assets   832,244     891,364
           
Total assets   2,020,588     2,086,037
           
EQUITY          
Capital and reserves attributable to the Company's equity holders          
Equity share capital   11,632     11,598
Share premium account   291,216     289,800
Capital redemption reserve   905     905
Revaluation reserve   31,747     31,952
Other reserves   5,258     4,677
Cash flow hedge reserve   (1,440)     (1,182)
Foreign curency translation reserve   (136,310)     (158,611)
Retained earnings   793,078     738,356
Treasury shares held   (5,746)     (5,746)
Total equity   990,340     911,749
           
LIABILITIES          
Non-current liabilities          
Interest-bearing loans and borrowings   353,019     536,789
Provisions   17,555     16,800
Retirement benefit obligations   18,666     25,259
Derivative financial instruments   812     682
Deferred tax liabilities   37,599     43,965
Total non-current liabilities   427,651     623,495
           
Current liabilities          
Interest-bearing loans and borrowings   151,432     103,174
Trade and other payables   399,890     387,331
Current income tax liabilities   43,959     51,571
Derivative financial instruments   988     737
Provisions   6,328     7,980
Total current liabilities   602,597     550,793
           
Total liabilities   1,030,248     1,174,288
           
Total equity and liabilities   2,020,588     2,086,037
           
On behalf of the Board

M Chadwick
C Ó'Nualláin
Directors
2 March 2011