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Consolidated balance sheet as at 30 January 2010

2010 2009
Notes £m £m

Non-current assets
10 Intangible assets 92.5 85.1
11 Property, plant and equipment 3,391.0 3,176.8
15 Trade and other receivables 42.5 44.4
22 Deferred tax asset 41.9 21.7
3,567.9 3,328.0

Current assets
14 Inventories 399.0 352.3
15 Trade and other receivables 167.6 139.1
24 Derivative financial instruments 13.6 23.4
16 Cash and cash equivalents 560.0 197.6
1,140.2 712.4

Total assets 4,708.1 4,040.4

Current liabilities
18 Borrowings and overdrafts (115.6) (75.8)
19 Trade and other payables (886.6) (703.7)

Current tax payable (1.7) (17.9)
20 Finance lease liabilities (0.7) (0.6)
21 Provisions (68.5) (70.7)
24 Derivative financial instruments (2.4) –
(1,075.5) (868.7)

Non-current liabilities
18 Borrowings (828.8) (547.8)
19 Trade and other payables (49.9) (48.1)
20 Finance lease liabilities (28.5) (29.2)
21 Provisions (116.3) (93.8)
25 Retirement benefit obligations (904.6) (730.0)
(1,928.1) (1,448.9)

Total liabilities (3,003.6) (2,317.6)

Net assets 1,704.5 1,722.8

Equity
27 Share capital 0.6 0.6
Other reserves 4.8 14.1
Retained earnings 1,698.7 1,707.7
Minority interest in subsidiary 0.4 0.4
Total equity 1,704.5 1,722.8

Approved by the Board on 19 April 2010

Charlie Mayfield

Marisa Cassoni

Directors