Marks and Spencer 2008 Annual Report Download - page 94

Download and view the complete annual report

Please find page 94 of the 2008 Marks and Spencer annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 104

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104

92 MARKS AND SPENCER GROUP PLC
Company income statement
52 weeks 52 weeks
ended ended
29 March 31 March
2008 2007
Notes £m £m
Other operating income 0.1 –
Operating profit C2, C3 0.1 –
Income from shares in Group undertakings 344.0 260.6
Finance costs C4 –(0.2)
Profit for the year attributable to shareholders 344.1 260.4
Company balance sheet 2007
2008 (restated)
Notes £m £m
Assets
Non-current assets
Investments in Group undertakings C6 9,147.4 9,135.6
Current assets
Trade and other receivables 0.2 0.1
Total assets 9,147.6 9,135.7
Liabilities
Current liabilities
Amounts owed to Group undertakings 2,584.6 2,060.8
Trade and other payables 1.0 0.9
Total liabilities 2,585.6 2,061.7
Net assets 6,562.0 7,074.0
Equity
Called-up share capital – equity 396.6 424.9
Share premium account C7 231.4 202.9
Capital redemption reserve C7 2,199.9 2,168.5
Merger reserve C7 1,397.3 1,397.3
Retained earnings C7 2,336.8 2,880.4
Total equity 6,562.0 7,074.0
The financial statements were approved by the Board and authorised for issue on 19 May 2008. The financial statements also
comprise the notes on pages 94 and 95.
Sir Stuart Rose, Chief Executive
Ian Dyson, Group Finance and Operations Director