2013/14: An overview 80
John Lewis Partnership plc Annual Report and Accounts 2014
FINANCIAL STATEMENTS
Throughout our business, through the Gazette, Partner Intranet and local forums, we make our numbers as accessible and meaningful as possible. This year, we have extended this approach to our Annual Report and performance and condition.
CONTENTS
CONSOLIDATED FINANCIAL STATEMENTS Consolidated income statement
81
Consolidated statement of comprehensive expense 81 Consolidated balance sheet
Consolidated statement of changes in equity Consolidated statement of cash flows
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
1. Accounting policies 2. Non-GAAP measures 3. Exceptional items 4. Segmental reporting
85 89 89 90
5. Operating expenses before exceptional item 91 6. Net finance costs 7. Profit before tax 8. Taxation 9. Partners
10. Intangible assets
11. Property, plant and equipment 12. Inventories
13. Trade and other receivables 14. Cash and cash equivalents 15. Analysis of financial assets 16. Borrowings and overdrafts 17. Trade and other payables 18. Finance lease liabilities 19. Provisions
20. Management of financial risks
92 93 94 96 97 98 98 99
100 100 101 102 102 103 104
82 83 84
21. Derivative financial instruments and financial liabilities
22. Retirement benefit obligations 23. Analysis of financial liabilities 24. Share capital
25. Reconciliation of profit before tax to cash generated from operations
26. Analysis of net debt
27. Commitments and contingencies 28. Related party transactions
COMPANY FINANCIAL STATEMENTS AND NOTES
Company balance sheet
Company statement of changes in equity 29. Accounting policies
117 118 118
30. Profit and loss of the Company for the year 118 31. Investments 32. Borrowings
33. Trade and other payables 34. Share capital
35. Related party transactions 36. Subsidiary undertakings
STATEMENT OF DIRECTORS’ RESPONSIBILITIES
INDEPENDENT AUDITORS’ REPORT RETAIL BRANCHES NOTICE OF AGM
GENERAL INFORMATION
119 119 119 119 120 120 121
122 128 130 131
106
107 112 113 113
114 115 116
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