Balance Sheet

for the year ended 30 November 2007

Group
2007
£m 		   2006
£m
Non current assets      
Goodwill 48.0   46.6
Intangible assets 21.2   22.4
Property, plant and equipment 97.3   90.2
Investments in subsidiaries -   -
Investment in associate 0.2   0.1
Deferred tax assets 2.8   7.3
Other receivables -   -
  169.5   166.6
       
Current assets     
Inventories 51.3   49.5
Trade and other receivables 61.5   52.2
Current tax receivable -   -
Derivative assets 0.2   0.9
Cash and cash equivalents 5.8   3.3
  118.8   105.9
Current liabilities     
Interest bearing loans and borrowings 8.4   12.5
Current tax liabilities 5.7   4.1
Trade and other payables 72.3   63.6
Derivative liabilities 1.6   0.1
  88.0   80.3
     
Net current assets  30.8   25.6
     
Non current liabilities     
Interest bearing loans and borrowings 47.9   36.9
Deferred tax liabilities 15.1   16.7
Post employment benefits 4.8   19.8
Other payables 1.4   1.9
  69.2   75.3
       
Net assets  131.1   116.9
       
Equity attributable to equity holders of the parent     
Share capital 38.3   38.3
Share premium account 30.3   29.9
Translation reserve (1.9)   0.2
Retained earnings 61.1   45.7
       
Total equity attributable to :     
Equity holders of the parent  128.0   114.1
Minority interest  3.1   2.8
       
Total equity  131.1   116.9