Net Operating Assets
2015
£’000
2014
£’000
South Staffs Water 253,276 258,751
Non-regulated service businesses
42,180
38,384
Net operating assets
295,456
297,135
Net debt (book value)
(349,696)
(349,756)
Goodwill 26,841 27,152
Loans receivable from parent undertakings in more than one year
95,657
96,671
Other non-operating net liabilities
(9,877)
(11,290)
Corporation tax payable
(4,765)
(4,107)
Retirement benefit surplus
12,546
12,167
Provisions for liabilities - deferred tax
(13,017)
(10,830)
Net assets 53,145 57,142
The Directors do not consider the turnover, operating profit and net operating assets arising outside of the United Kingdom to be material to the
Group and as such these have not been separately disclosed.
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