Marks and Spencer 1999 Annual Report Download - page 23

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ANNUAL REPORT AND FIN ANCIAL STATEMENTS 1999
21
MARKS AN D SPEN CER p.l.c.
THE GRO UP THE CO MPAN Y
2000 1999 2000 1999
As restated As restated
N otes £m £m £m £m
FIXED ASSETS
Tangible assets:
Land and buildings 2,954.4 2,629.3
Fit out, fixtures, fittings and equipment 1,317.6 1,094.6
Assets in the course of construction 115.5 105.5
11 4,387.5 3,829.4
Investments 12 61.2 406.7
4,448.7 4,236.1
CURRENT ASSETS
Stocks 514.7 354.0
D ebtors:
Receivable within one year 13 969.0 696.7
Receivable after more than one year 13 1,386.7 96.6
Investments 14 204.0 –
Cash at bank and in hand 15,16 281.5 36.1
3,355.9 1,183.4
CURRENT LIABILITIES
Creditors:amounts falling due within one year 17 2,029.8 827.3
NET CURRENT ASSETS 1,326.1 356.1
TOTAL ASSETS LESS CURRENT LIABILITIES 5,774.8 4,592.2
Creditors:amounts falling due after more than one year 18 772.6 –
Provisions for liabilities and charges 20 54.4 51.8
D eferred taxation 21 50.6 44.5
NET ASSETS 4,897.2 4,495.9
CAPITAL AND RESERVES
Called up share capital 25 717.7 717.7
Share premium account 358.5 358.5
Revaluation reserve 531.0 533.2
Profit and loss account 3,276.7 2,886.5
SHAREHOLDERS’ FUNDS (all equity) 26 4,883.9 4,495.9
Minority interests (all equity) 13.3 –
TOTAL CAPITAL EMPLOYED 4,897.2 4,495.9
APPROVED BY THE BO ARD
• May 2000
Sir Richard Greenbury, Chairman
P L Salsbury, Chief Executive
R W C Colvill, Group Finance D irector
BALAN CE SHEETS
AT 31 MARCH 2000