Financial statements
- Independent auditors' report
- Consolidated income statement
- Consolidated statement of comprehensive income
- Consolidated statement of changes in shareholders' equity
- Consolidated balance sheet
- Consolidated cash flow statement
- Notes to the financial statements
- Independent auditors' report
- Company balance sheet
- Notes to the Company financial statements
Consolidated balance sheet
as at 31 October 2011
Group |
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| Notes | 2011 £'000 |
2010 £'000 |
|
Assets |
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Non-current assets |
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Investment properties |
10 | 713,564 | 686,178 |
Interests in leasehold properties |
10 | 62,534 | 69,130 |
Investment properties under construction |
10 | 15,059 | 18,360 |
Property, plant and equipment |
11 | 2,856 | 1,794 |
Deferred income tax assets |
20 | 7,031 | 8,498 |
Derivative financial instruments |
18 | 78 | 227 |
| 801,122 | 784,187 | ||
Current assets |
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Inventories |
13 | 242 | 253 |
Trade and other receivables |
14 | 17,018 | 16,244 |
Derivative financial instruments |
18 | 6 | 72 |
Cash and cash equivalents |
15 | 14,674 | 15,481 |
| 31,940 | 32,050 | ||
Total assets |
833,062 | 816,237 | |
Current liabilities |
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Financial liabilities: |
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– bank borrowings |
17 | (10,143) | — |
– derivative financial instruments |
18 | (92) | (3,332) |
Trade and other payables |
16 | (35,048) | (35,817) |
Obligations under finance leases |
19 | (10,040) | (10,005) |
| (55,323) | (49,154) | ||
Non-current liabilities |
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Financial liabilities: |
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– bank borrowings |
17 | (326,883) | (309,511) |
– derivative financial instruments |
18 | (6,164) | (4,956) |
Trade and other payables |
16 | (529) | (745) |
Deferred income tax liabilities |
20 | (116,510) | (122,557) |
Obligations under finance leases |
19 | (52,494) | (59,125) |
| (502,580) | (496,894) | ||
Total liabilities |
(557,903) | (546,048) | |
Net assets |
275,159 | 270,189 | |
Equity |
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Ordinary shares |
21 | 1,881 | 1,881 |
Share premium |
28,349 | 28,349 | |
Other reserves |
23 | 11,815 | 10,715 |
Retained earnings |
22,23 | 233,114 | 229,244 |
Total equity |
23 | 275,159 | 270,189 |
These financial statements were authorised for issue by the Board of Directors on 26 January 2012 and signed on its behalf by:
| R D Hodsden | P D Gowers |
| Chief Financial Officer | Chief Executive Officer |
Company registration number 4726380
