Balance Sheets

as at 31 December 

  Group Company
 

2020

£m

2019

£m

2020

£m

2019

£m

Assets        
Non-current assets        
Goodwill  24.4 23.1 - -
Intangible assets 30.2 43.2 - -
Investment in subsidiaries - - 731.2 729.9
Property, plant and equipment 15.4 20.0 - -
Right-of-use asset    17.5 18.8 - -
Deferred tax assets 135.7 151.7 - 1.3
Amounts receivable from customers  136.5 245.3 - -
Non-current tax assets  - 34.2 - -
Retirement benefit asset 3.4 3.4 3.4 3.4
  363.1 539.7 734.6 734.6
Current assets        
Amounts receivable from customers 532.6 728.3 -
Derivative financial instruments 0.5 0.3 0.1 -
Cash and cash equivalents 116.3 37.4 65.1 0.2
Other receivables 9.9 16.9 581.9 635.6
Current tax assets 1.5 0.1 - 0.4
  660.8 783.0 647.1 636.2
Total Assets 1,023.9 1,322.7 1,381.7 1,370.8
Liabilities        
Current liabilities        
Borrowings (0.2) (112.7) - (48.6)
Derivative financial instruments (6.7) (16.2) - -
Trade and other payables (89.1) (123.9) (391.3) (474.9)
Provision for liabilities and charges (19.2) - - -
Lease liabilities  (7.4) (8.7)  - -
Current tax liabilities (13.4) (30.3) - -
  (136.0) (291.8) (391.3) (523.5)
Non-current liabilities        
Deferred tax liabilities (13.8) (20.0) (0.2) (0.7)
Borrowings (491.8) (563.7) (415.9) (455.4)
Lease liabilities  (11.8) (10.8)  -
  (517.4) (594.5) (416.1) (456.1)
Total liabilities (653.4) (886.3) (807.4) (979.6)
Net assets 370.5 436.4 574.3 391.2
Equity attributable to owners of the Company        
Called-up share capital 23.4 23.4 23.4 23.4
Other reserve (22.5) (22.5) 226.3 226.3
Foreign exchange reserve 5.0 9.1 - -
Hedging reserve 0.9 (0.1) - -
Own shares (45.2) (46.1) (45.2) (46.1)
Capital redemption reserve 2.3 2.3 2.3 2.3
Retained earnings 406.6 470.3 367.5 185.3
Total Equity 370.5 436.4 574.3 391.2

The Financial Statements comprising the consolidated income statement, statements of comprehensive income, balance sheets, statements
of changes in equity, cash flow statements, accounting policies and notes 1 to 33 were approved by the Board on 3 March 2021 and were
signed on its behalf by: 

Gerard Ryan
Chief Executive Officer 

Justin Lockwood
Chief Financial Officer