Tesco 2014 Annual Report Download - page 136

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20141
£m
20131
£m
Non-current assets
Intangible assets 446 428
Property, plant and equipment 93 94
Investments in joint ventures and associates 77 95
Other investments 850 819
Loans and advances to customers 3,210 2,465
Derivative financial instruments 35 33
4,711 3,934
Current assets
Trade and other receivables 209 186
Loans and advances to customers 3,705 3,093
Derivative financial instruments 2
Current tax assets 136
Cash and cash equivalents 485 1,055
4,402 4,370
Current liabilities
Trade and other payables (260) (246)
Financial liabilities:
Derivative financial instruments (4) (7)
Customer deposits (4,713) (5,322)
Deposits by banks (772) (9)
Provisions (105) (102)
(5,854) (5,686)
Net current liabilities (1,452) (1,316)
Non-current liabilities
Financial liabilities:
Borrowings (395) (407)
Derivative financial instruments (38) (57)
Customer deposits (1,366) (677)
Deposits by banks (8) (6)
Deferred tax liabilities (25) (49)
Net assets included within Tesco Group accounts21,427 1,422
Notes
1 As at 28 February 2014 with comparatives at 28 February 2013.
2 Intra-group liabilities of £94m (2012/13: £252m) have been eliminated on consolidation in preparing the Tesco PLC consolidated financial statements. Net assets
of Tesco Bank are £1,357m (2012/13: £1,198m) including the intra-group liabilities and ATM commission.
The above is not a primary statement, nor a note to the financial statements and does not form part of the Group Balance Sheet. It is supplementary information to aid
understanding of our non retail business.
Tesco Bank balance sheet
Tesco PLC Annual Report and Financial Statements 2014 133
Other information
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