consolidated balance sheet
Notes |
31 December 2007 £'000 |
31 December 2006 £'000 |
|
| Assets | |||
| Non-current assets | |||
| Intangible assets | 46,868 |
47,145 |
|
| Property, plant and equipment | 103,008 |
98,799 |
|
| Derivative financial instruments | — |
212 |
|
| Trade and other receivables | 2,992 |
3,731 |
|
152,868 |
149,887 |
||
| Current assets | |||
| Derivatives financial instruments | — |
141 |
|
| Trade and other receivables | 36,739 |
24,757 |
|
| Cash and cash equivalents | 36,961 |
10,157 |
|
73,700 |
35,055 |
||
| Total assets | 226,568 |
184,942 |
|
| Capital and reserves | |||
| Share capital | 396 |
325 |
|
| Share premium account | 176,637 |
102,342 |
|
| Other reserves | 316 |
(481) |
|
| Retained losses | (26,993) |
(19,476) |
|
| Total equity | 150,356 |
82,710 |
|
| Liabilities | |||
| Non-current liabilities | |||
| Borrowings | 25,531 |
57,320 |
|
| Obligations under finance leases | 990 |
1,345 |
|
| Derivative financial instruments | 77 |
— |
|
| Provisions for other liabilities and charges | 5,994 |
6,100 |
|
32,592 |
64,765 |
||
| Current liabilities | |||
| Trade and other payables | 36,060 |
34,503 |
|
| Borrowings | 6,416 |
1,810 |
|
| Obligations under finance leases | 278 |
84 |
|
| Derivative financial instruments | 39 |
— |
|
| Provisions for other liabilities and charges | 827 |
1,070 |
|
43,620 |
37,467 |
||
| Total liabilities | 76,212 |
102,232 |
|
| Total equity and liabilities | 226,568 |
184,942 |
The notes on pages 41 to 60 are an integral part of these consolidated financial statements.
The financial statements were approved by the Board of Directors and authorised for issue on 7 March 2008 and signed on its behalf by:
Michael Tobin
Director
Brian McArthur Muscroft
Director