| At 31 December 2020 | Note | 2020 £m | 2019 £m |
| Non-current assets | |||
| Intangible assets | 14 | 1,851.8 | 1,901.8 |
| Property, plant and equipment | 15 | 1,233.2 | 1,348.2 |
| Non-current financial assets | 17 | 14.3 | 24.9 |
| Investments accounted for using the equity method | 18 | 15.6 | 17.9 |
| Trade and other receivables | 20 | 91.7 | 9.6 |
| Finance lease receivable | 35 | 10.6 | 3.6 |
| Deferred tax assets | 27 | 140.5 | 31.8 |
| Defined benefit pension assets | 34 | 12.3 | 14.2 |
| Total non-current assets | 3,370.0 | 3,352.0 | |
| Current assets | |||
| Inventories | 21 | 27.0 | 29.4 |
| Trade and other receivables | 22 | 391.7 | 496.8 |
| Finance lease receivable | 35 | 4.3 | 1.4 |
| Derivative financial instruments | 17 | 44.9 | 44.5 |
| Current tax assets | 2.6 | 1.6 | |
| Cash and cash equivalents | 23 | 520.5 | 478.3 |
| Total curent assets | 991.0 | 1,052.0 | |
| Assets classified as held for sale | 19 | 18.8 | 4.3 |
| Total assets | 4,379.8 | 4,408.3 | |
| Non-current liabilities | |||
| Borrowings | 28 | (1,313.0) | (1,091.0) |
| Derivative financial instruments | 28 | (10.6) | (9.6) |
| Deferred tax liability | 27 | (40.7) | (56.4) |
| Other non-current liabilities | 25 | (202.7) | (178.2) |
| Defined benefit pension liability | 34 | (147.4) | (104.2) |
| Provisions | 26 | (54.8) | (43.1) |
| Total non-current liabilities | (1,769.2) | (1,482.5) | |
| Current liabilities | |||
| Trade and other payables | 24 | (861.3) | (1,056.5) |
| Borrowings | 28 | (167.0) | (649.2) |
| Derivative financial instruments | 28 | (23.0) | (37.8) |
| Current tax liabilities | (2.2) | (8.8) | |
| Provisions | 26 | (81.1) | (61.0) |
| Total current liabilities | (1,134.6) | (1,813.3) | |
| Total liabilities | (2,903.8) | (3,295.8) | |
| Net assets | 1,476.0 | 1,112.5 | |
| Shareholders’ equity | |||
| Called up share capital | 32 | 30.7 | 25.6 |
| Share premium account | 533.6 | 532.7 | |
| Own shares | (3.5) | (6.0) | |
| Hybrid reserve | 497.6 | - | |
| Other reserves | 33 | 367.8 | 130.7 |
| Retained earnings | 9.6 | 391.4 | |
| Total shareholders' equity | 1,435.8 | 1,074.4 | |
| Non-controlling interest in equity | 40.2 | 38.1 | |
| Total equity | 1,476.0 | 1,112.5 |
D Finch
Group Chief Executive
C Davies
Group Finance Director
Group Balance Sheet in Excel format [12 KB]
Notes to the consolidated accounts in PDF format [1.7 MB]