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Directors’ report p01
Financial statements
Other information p117
To find out more, visit www.marksandspencer.com/annualreport2010 79
Consolidated statement of
financial position
Notes
As at
3 April
2010
£m
Restated
As at
28 March
2009
£m
A
ssets
Non-current assets
Intangible assets 13 452.
8
400.3
Property, plant and equipment 14 4,722.
0
4,834.0
Investment propert
y
15
2
2.4 24.8
Investment in joint ventures 16 11.5 13.8
Other financial assets 17 3.
0
3.0
T
rade and other receivables 18 287.7 336.8
Derivative financial instruments 22 132.
9
254.0
Deferred tax assets 24 0.7 1.6
5,633.
0
5,868.3
Current assets
Inventories 613.
2
536.0
Other financial assets 17 171.7 53.1
T
rade and other receivables 18 2
8
1.4 285.2
Derivative financial instruments 22 48.1 92.6
Cash and cash equivalents 19 405.
8
422.9
1,5
2
0.
2
1,389.8
Total assets 7,153.
2
7,258.1
Liabilities
Current liabilities
T
rade and other payables 20 1,153.
8
1,073.5
Borrowings and other financial liabilities 21 482.
9
942.8
Partnership liability to the Marks & Spencer UK Pension Schem
e
21 71.
9
71.9
Derivative financial instruments 22 27.1 76.2
P
r
ovisions 23 25.
6
63.6
Current tax liabilities 129.
2
78.9
1,8
9
0.5 2,306.9
Non-current liabilities
Retirement benefit deficit 11 366.5 152.2
T
rade and other payables 20
2
8
0
.3 243.8
Borrowings and other financial liabilities 21 2,278.
0
2,117.9
Partnership liability to the Marks & Spencer UK Pension Schem
e
21
–
68.0
Derivative financial instruments 22
–
3.0
Provisions 23 25.5 40.2
Deferred tax liabilities 24 1
2
6.5 225.5
3,
0
76.
8
2,850.6
Total liabilities 4,
9
67.3 5,157.5
Net assets 2,1
8
5.
9
2,100.6
Equity
Called-up share capital – equit
y
25 395.5 394.4
Share premium account 247.5 236.2
Capital redemption reserve 2,202.
6
2,202.6
Hedging reserv
e
11.
6
62.6
Other reserve
(
5,970.5
)
(
5,970.5
)
Retained earnings 5,281.
9
5,156.4
Total shareholders’ equity 2,1
6
8.
6
2,081.7
Minority interests in equit
y
17.3 18.9
Total equity 2,1
8
5.
9
2,100.6
The financial statements were approved by the Board and authorised for issue on 24 May 2010. The financial statements also comprise the
notes on pages 82 to 111.
Stuart Rose Ian Dyson
Chairman Group Finance and Operations Director