Consolidated Balance Sheet
As at 31 March 2015
Fixed assets
Intangible assets - goodwill
Tangible assets
2015
2014
Note £’000 £’000
11
26,841
27,152
12 315,073 309,028
341,914 336,180
Current assets
Stocks
16
2,313
2,386
Debtors - amounts recoverable within one year
17
60,399
53,724
Debtors - amounts recoverable in more than one year
17
99,563
100,833
Cash at bank and in hand
4,651
8,147
166,926 165,090
Creditors – amounts falling due within one year
Borrowings
18
(27,000)
(10,044)
Other creditors
19
(79,415)
(66,060)
(106,415)
(76,104)
Net current assets
60,511
88,986
Total assets less current liabilities
402,425
425,166
Creditors – amounts falling due in more than one year
Borrowings
18
Other creditors
19
Accruals and deferred income
14
Provisions for liabilities - deferred tax
20
(327,347)
(12,805)
(8,657)
(13,017)
(347,859)
(12,648)
(8,854)
(10,830)
(361,826) (380,191)
Retirement benefit surplus
21
12,546
12,167
Net assets 53,145 57,142
Capital and reserves
Share capital
Share premium account
Capital redemption reserve
Merger reserve
Currency translation reserve
Hedging reserve
Profit and loss account
23
24
24
24
24
24
24
5,449
10,882
1
(253)
(2)
(5,866)
42,852
5,449
10,882
1
(253)
(7)
(4,942)
45,952
Shareholders’ funds 53,063 57,082
Minority interests
26 82 60
Total capital employed
53,145
57,142
The accompanying notes are an integral part of these financial statements. The financial statements of South Staffordshire Plc, registered number 4295398, were
approved by the Board of Directors and authorised for issue on 30 July 2015.
A P Page
Group Chief Executive
55