Consolidated balance sheet
 
at 31 December 2006
  Notes 2006 
£m 		 2005 
£m 
Non-current assets
Property, plant and equipment 13 171.0  150.1 
Intangible assets 14 630.0  588.7 
Financial assets 16 32.6  13.8 
Trade and other receivables 18 6.8  5.8 
Deferred taxation 10 22.1  25.1 
    862.5  783.5 
Current assets
Trade and other receivables 18 394.9  343.8 
Cash   9.7  – 
    404.6  343.8 
Total assets   1,267.1  1,127.3 
Current liabilities
Trade and other payables 19 449.4  378.0 
Financial liabilities 21 50.4  49.9 
Provisions 23 1.0  1.3 
Income tax payable   33.5  32.5 
    534.3  461.7 
Non-current liabilities
Trade and other payables 19 0.8  1.3 
Financial liabilities 21 378.7  221.7 
Provisions 23 0.7  2.0 
Employee benefits 31 26.8  43.0 
    407.0  268.0 
Total liabilities   941.3  729.7 
Net assets   325.8  397.6 
Capital and reserves
Issued share capital 25 12.3  13.4 
Share premium 27 308.1  258.1 
Treasury shares 25 –  (0.4)
Capital redemption reserve 27 1.7  0.2 
Foreign currency translation 27 (0.4) 0.3 
Retained earnings 27 4.0  125.8 
Equity shareholders' funds   325.7  397.4 
Minority interest 27 0.1  0.2 
Total equity   325.8  397.6 

The accounts were approved by the Board of Directors on 21 February 2007 and signed on its behalf by:

P R M Pindar G M Hurst
Chief Executive Group Finance Director