Tesco 2015 Annual Report Download - page 87

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Notes
28 February
2015
£m
22 February
2014
£m
Non-current assets
Goodwill and other intangible assets 10 3,771 3,795
Property, plant and equipment 11 20,440 24,490
Investment property 12 164 227
Investments in joint ventures and associates 13 940 286
Other investments 14 975 1,015
Loans and advances to customers 17 3,906 3,210
Derivative financial instruments 21 1,546 1,496
Deferred tax assets 6 514 73
32,256 34,592
Current assets
Inventories 15 2,957 3,576
Trade and other receivables 16 2,121 2,190
Loans and advances to customers 17 3,814 3,705
Derivative financial instruments 21 153 80
Current tax assets 16 12
Short-term investments 593 1,016
Cash and cash equivalents 18 2,165 2,506
11, 819 13,085
Assets of the disposal groups and non-current assets classified as held for sale 7 139 2,487
11,958 15,572
Current liabilities
Trade and other payables 19 (9,922) (10,595)
Borrowings 20 (2,008) (1,910)
Derivative financial instruments and other liabilities 21 (89) (99)
Customer deposits and deposits from banks 23 (7,020) (6,858)
Current tax liabilities (95) (494)
Provisions 24 (671) (250)
(19,805) (20,206)
Liabilities of the disposal groups classified as held for sale 7 (5) (1,193)
Net current liabilities (7,852) (5,827)
Non-current liabilities
Borrowings 20 (10,651) (9,303)
Derivative financial instruments and other liabilities 21 (946) (770)
Post-employment benefit obligations 26 (4,842) (3,193)
Deferred tax liabilities 6 (199) (594)
Provisions 24 (695) (183)
(17,333) (14,043)
Net assets 7,071 14,722
Equity
Share capital 27 406 405
Share premium 5,094 5,080
All other reserves (414) (498)
Retained earnings 1,985 9,728
Equity attributable to owners of the parent 7,071 14,715
Non-controlling interests –7
Total equity 7,071 14,722
The notes on pages 88 to 138 form part of these financial statements.
Dave Lewis
Alan Stewart
Directors
The financial statements on pages 83 to 138 were authorised for issue by the Directors on 5 May 2015 and are subject to the approval of the shareholders
at the Annual General Meeting on 26 June 2015.
85Tesco PLC Annual Report and Financial Statements 2015
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