Unaudited | Audited | |||
As at 31 December |
As at 30 June |
|||
Note |
2018 £m |
2017 £m |
2018 £m |
|
Assets |
||||
Intangible assets | 2 | 2 | 2 | |
Property, plant and equipment | 15 | 16 | 15 | |
Investments | 6 | 19 | 6 | |
Deferred tax assets | 4 | 4 | 4 | |
Retirement benefit surplus | 5 | 16 | 4 | 22 |
Trade and other receivables | 7 | 10 | 8 | |
Total non-current assets | 50 | 55 | 57 | |
Inventories | 6 | 2,258 | 2,154 | 2,218 |
Trade and other receivables | 43 | 32 | 42 | |
Cash and cash equivalents | 8 | 102 | 49 | 90 |
Total current assets | 2,403 | 2,235 | 2,350 | |
Total assets | 2,453 | 2,290 | 2,407 | |
Equity | ||||
Retained earnings at 1 July 18 | 1,379 | 1,131 | 1,131 | |
Profit for the period | 150 | 143 | 308 | |
Other comprehensive (expense)/income for the period | (4) | 5 | 18 | |
Dividends paid | (70) | (41) | (74) | |
Movement in LTIP/SAYE | 1 | 1 | (4) | |
Retained earnings | 1,456 | 1,239 | 1,379 | |
Share capital | 10 | 37 | 37 | 37 |
Share premium account | 59 | 59 | 59 | |
Other reserves | 8 | 8 | 8 | |
Total equity | 1,560 | 1,343 | 1,483 | |
Liabilities | ||||
Bank loans | 8 | 1 | 80 | 5 |
Trade and other payables | 7 | 143 | 173 | 178 |
Deferred tax liabilities | 4 | 3 | 5 | |
Long-term provisions | 9 | 8 | 9 | |
Total non-current liabilities | 157 | 264 | 197 | |
Bank overdrafts and loans | 8 | - | 4 | 22 |
Trade and other payables | 7 | 702 | 642 | 671 |
Current income tax liabilities | 34 | 37 | 34 | |
Total current liabilities | 736 | 683 | 727 | |
Total liabilities | 893 | 947 | 924 | |
Total equity and liabilities | 2,453 | 2,290 | 2,407 |