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As at 30 June

Group Company
Note 2019
£m
2018
£m
2019
£m
2018
£m 
Assets



Intangible assets 8 2 2 - -
Property, plant and equipment 9 16 15 - -
Investments 10 6 6 - -
Deferred tax assets 11 4 4 - -
Retirement benefit surplus 7e 18 22 18 22
Trade and other receivables 12 9 8 - -
Total non-current assets
55 57 18 22
Inventories 13 2,297 2,218 - -
Trade and other receivables 12 48 42 890 675
Current corporation tax - - 1 -
Cash and cash equivalents 14f 204 68 212 89
Total current assets
2,549 2,328 1,103 764
Total assets
2,604 2,385 1,121 786
Equity



Retained earnings at 1 July 2018/2017 1,379 1,131 646 701
Profit for the year 329 308 486 1
Other comprehensive (expense)/income for the year (6) 18 (6) 18
Dividend paid 5 (218) (74) (218) (74)
Movement in LTIP/SAYE
(3) (4) - -
Retained earnings at 30 June 2019/2018 18
1,481 1,379 908 646
Share capital 17 37 37 37 37
Share premium account 18
59 59 59 59
Other reserves 18
8 8 7 7
Total equity

1,585 1,483 1,011 749
Liabilities



Bank loans 14 80 5 80 5
Trade and other payables 15 167 178 - -
Deferred tax liabilities 11 4 5 - -
Long-term provisions 16 8 9 - -
Total non-current liabilities
259 197 80 5
Trade and other payables 15 726 671 30 30
Current income tax liabilities
34 34 - 2
Total current liabilities 
760 705 30 32
Total liabilities
1,019 902 110 37
Total equity and liabilities
2,604 2,385 1,121 786

The financial statements on pages 94 to 126 were approved by the Board of Directors on 4 September 2019 and were signed on its behalf by:


JOHN TUTTE                     BARBARA RICHMOND

Director                                           Director

 

Redrow plc Registered Number 2877315

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