Unaudited | Audited | |||
As at 31 December |
As at 30 June |
|||
Note |
2019 £m |
2018 £m |
2019 £m |
|
Assets |
||||
Intangible assets | 2 | 2 | 2 | |
Property, plant and equipment | 17 | 15 | 16 | |
Lease right of use assets | 8 | - | - | |
Investments | 8 | 6 | 6 | |
Deferred tax assets | 4 | 4 | 4 | |
Retirement benefit surplus | 5 | 17 | 16 | 18 |
Trade and other receivables | 7 | 7 | 9 | |
Total non-current assets | 63 | 50 | 55 | |
Inventories | 6 | 2,350 | 2,258 | 2,297 |
Trade and other receivables | 37 | 43 | 48 | |
Current corporation tax receivables | 14 | - | - | |
Cash and cash equivalents | 8 | 89 | 102 | 204 |
Total current assets | 2,490 | 2,403 | 2,549 | |
Total assets | 2,553 | 2,453 | 2,604 | |
Equity | ||||
Retained earnings at 1 July 19 | 1,481 | 1,379 | 1,379 | |
Profit for the period | 128 | 150 | 329 | |
Other comprehensive (expense) for the period | (2) | (4) | (6) | |
Dividends paid | (72) | (70) | (218) | |
Movement in LTIP/SAYE | 3 | 1 | (3) | |
Retained earnings | 1,538 | 1,456 | 1,481 | |
Share capital | 10 | 37 | 37 | 37 |
Share premium account | 59 | 59 | 59 | |
Other reserves | 8 | 8 | 8 | |
Total equity | 1,642 | 1,560 | 1,585 | |
Liabilities | ||||
Bank loans | 8 | 75 | 1 | 80 |
Trade and other payables | 7 | 125 | 143 | 167 |
Deferred tax liabilities | 4 | 4 | 4 | |
Long-term provisions | 8 | 9 | 8 | |
Total non-current liabilities | 212 | 157 | 259 | |
Bank overdrafts and loans | 8 | - | - | - |
Trade and other payables | 7 | 699 | 702 | 726 |
Current income tax liabilities | - | 34 | 34 | |
Total current liabilities | 699 | 736 | 760 | |
Total liabilities | 911 | 893 | 1,019 | |
Total equity and liabilities | 2,553 | 2,453 | 2,604 |