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Group Balance Sheet

At 31 December 2019  Note 2019 £m 2018 £m
Non-current assets      
Intangible assets 14 1,901.8 1797.5
Property, plant and equipment 15 1,348.2 1,054.8
Non-current financial assets 17 24.9 14.9
Investments accounted for using the equity method 18 17.9 12.9
Trade and other receivables 20 9.6 3.0
Finance lease receivable 35 3.6 -
Deferred tax assets 27 31.8 42.7
Defined benefit pension assets 34 14.2 14.9
Total non-current assets   3,352.0 2,940.7
Current assets      
Inventories 21 29.4 27.4
Trade and other receivables 22 496.8 408.6
Finance lease receivable 35 1.4 -
Derivative financial instruments 17 44.5 7.9
Current tax assets   1.6 0.8
Cash and cash equivalents 23 478.3 117.5
Total curent assets   1,052.0 562.2
Assets classified as held for sale 19 4.3 22.8
Total assets   4,408.3 3,525.7
Non-current liabilities      
Borrowings 28 (1,104.9) (1,029.3)
Derivative financial instruments 28 (9.6) (12.6)
Deferred tax liability 27 (56.4) (63.0)
Other non-current liabilities 25 (164.3) (25.2)
Defined benefit pension liability 34 (104.2) (131.7)
Provisions 26 (43.1) (49.2)
Total non-current liabilities   (1,482.5) (1,311.0)
Current liabilities      
Trade and other payables 24 (1,052.9) (870.5)
Borrowings 28 (652.8) (59.3)
Derivative financial instruments 28 (37.8) (16.9)
Current tax liabilities   (8.8) (8.4)
Provisions 26 (61.0) (58.7)
Total current liabilities   (1,813.3) (1,013.8)
Liabilities classified as held for sale 19 - (3.7)
Total liabilities   (3,295.8) (2,328.5)
Net assets   1,1125 1,197.2
       
Shareholders’ equity      
Called up share capital 32 25.6 25.6
Share premium account   532.7 532.7
Capital redemption reserve   0.2 0.2
Own shares   (6.0) (7.0)
Other reserves 33 130.5 196.2
Retained earnings   391.4 426.6
Total shareholders’ equity   1,074.4 1,174.3
Non-controlling interest in equity   38.1 22.9
Total equity   1,112.5 1,197.2

 

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]

 

 

National Express Group

National Express Group is a leading public transport operator with bus, coach and rail services in the UK, Continental Europe, North Africa, North America and the Middle East. Passengers made 938 million journeys on our services in 2019.

National Express Group PLC is a company registered in England and Wales, whose registered office is National Express House, Birmingham Coach Station, Mill Lane, Digbeth Birmingham, B5 6DD. Registered No: 2590560.

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