Marks and Spencer 2013 Annual Report Download - page 81

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Financial statements Marks and Spencer Group plc Annual report and financial statements 2013 79
Overview Strategic review Financial review Governance Financial statements and other information
Consolidated statement of financial position
Notes
As at
30 March 2013
£m
As at
31 March 2012
£m
Assets
Non-current assets
Intangible assets 14 695.0 584.3
Property, plant and equipment 15 5,033.7 4,789.9
Investment property 15.8 15.9
Investment in joint ventures 15.5 14.4
Other financial assets 16 3.0 3.0
Retirement benefit asset 11 206.1 91.3
Trade and other receivables 17 265.4 270.2
Derivative financial instruments 21 65.3 44.2
6,299.8 5,813.2
Current assets
Inventories 767.3 681.9
Other financial assets 16 16.9 260.5
Trade and other receivables 17 245.0 253.0
Derivative financial instruments 21 42.5 67.0
Current tax assets 3.1 1.6
Cash and cash equivalents 18 193.1 196.1
1,267.9 1,460.1
Total assets 7,567.7 7,273.3
Liabilities
Current liabilities
Trade and other payables 19 1,503.8 1,449.1
Partnership liability to the Marks & Spencer UK Pension Scheme 12 71.9 71.9
Borrowings and other financial liabilities 20 558.7 327.7
Derivative financial instruments 21 13.7 60.5
Provisions 22 19.2 8.4
Current tax liabilities 71.0 87.8
2,238.3 2,005.4
Non-current liabilities
Retirement benefit deficit 11 13.1 13.3
Trade and other payables 19 292.1 280.8
Partnership liability to the Marks & Spencer UK Pension Scheme 12 550.7 –
Borrowings and other financial liabilities 20 1,727.3 1,948.1
Derivative financial instruments 21 13.1 27.2
Provisions 22 16.0 24.0
Deferred tax liabilities 23 230.7 195.7
2,843.0 2,489.1
Total liabilities 5,081.3 4,494.5
Net assets 2,486.4 2,778.8
Equity
Issued share capital 24 403.5 401.4
Share premium account 315.1 294.3
Capital redemption reserve 2,202.6 2,202.6
Hedging reserve 9.2 14.8
Other reserve (6,542.2) (6,114.3)
Retained earnings 6,117.2 5,991.4
Total shareholders’ equity 2,505.4 2,790.2
Non-controlling interests in equity (19.0) (11.4)
Total equity 2,486.4 2,778.8
The financial statements were approved by the Board and authorised for issue on 20 May 2013. The financial statements also
comprise the notes on pages 82 to 109.
Marc Bolland Chief Executive Officer
Alan Stewart Chief Finance Officer