John Lewis Partnership plc annual report and accounts 2013

Consolidated balance sheet as at 26 January 2013

Notes - 2013 £m - 2012 £m

Non-current assets

10 Intangible assets 213.7 164.3

11 Property, plant and equipment 3,820.9 3,798.4

14 Trade and other receivables* 55.8 51.3

21 Deferred tax assets 25.6 –

4,116.0 4,014.0

Current assets

13 Inventories 514.0 465.2

14 Trade and other receivables* 192.1 213.3

Current tax receivable 2.9 –

23 Derivative financial instruments 4.2 2.7

15 Cash and cash equivalents 534.4 550.8

1,247.6 1,232.0

Total assets 5,363.6 5,246.0

Current liabilities

17 Borrowings and overdrafts (156.3) (302.1)

18 Trade and other payables (1,364.0) (1,134.8)

Current tax payable – (9.3)

19 Finance lease liabilities (3.0) (0.6)

20 Provisions (110.0) (90.6)

23 Derivative financial instruments (0.6) (2.5)

(1,633.9) (1,539.9)

Non-current liabilities

17 Borrowings (714.7) (799.2)

18 Trade and other payables (119.3) (85.8)

19 Finance lease liabilities (35.9) (26.4)

20 Provisions (136.2) (115.6)

21 Deferred tax liabilities – (32.1)

24 Retirement benefit obligations (822.1) (638.1)

(1,828.2) (1,697.2)

Total liabilities (3,462.1) (3,237.1)

Net assets 1,901.5 2,008.9

Equity

26 Share capital 0.6 0.6

Other reserves 10.3 6.6

Retained earnings 1,890.6 2,001.7

Total equity 1,901.5 2,008.9

*The comparatives have been re-presented in respect of current and non-current trade and other receivables as explained in note 1.

The financial statements on pages 52 to 90 were approved by the Board of Directors on 22 April 2013 and signed on its behalf by

Charlie Mayfield

Helen Weir

Directors

John Lewis Partnership plc Registered number: 00238937

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