Notes29 March
2019
£m
30 March
2018
£m
Assets
Non-current assets
Intangible assets10387.4393.9
Property, plant and equipment1197.3101.3
Investments128.1
Total non-current assets484.7503.3
Current assets
Inventories13185.4195.5
Trade and other receivables1459.156.0
Derivative financial instruments203.20.3
Cash and cash equivalents159.827.0
Total current assets257.5278.8
Total assets742.2782.1
Liabilities
Current liabilities
Borrowings16(18.5)(20.8)
Derivative financial instruments20(1.4)(5.4)
Trade and other payables17(176.4)(187.0)
Current tax liabilities(3.3)(3.3)
Provisions18(15.1)(11.9)
Total current liabilities(214.7)(228.4)
Net current assets42.850.4
Non-current liabilities
Borrowings16(73.1)(94.0)
Trade and other payables17(28.1)(31.2)
Deferred tax liability19(0.1)(2.7)
Provisions18(5.2)(3.9)
Total non-current liabilities(106.5)(131.8)
Total liabilities(321.2)(360.2)
Net assets421.0421.9
Shareholders' equity
Share capital212.02.0
Share premium21151.0151.0
Investment in own shares21(10.0)(9.4)
Other reserves211.9(2.9)
Retained earnings276.1281.2
Total equity attributable to equity holders of the Company421.0421.9

The notes to the financial statements are an integral part of these consolidated financial statements.

The financial statements were approved by the Board of Directors on 21 May 2019 and were signed on its behalf by:

Loraine Woodhouse
Chief Financial Officer

Company Number: 04457314