Annual Report for the year ended 31 December 2008

ASSETS
2008 2007
Note £’000 £’000
NON-CuRRENT ASSETS
Goodwill 17 10,447 9,932
intangible assets 18 7,586 2,706
property, plant and equipment 19 3,383 3,616
Deferred income tax assets 20 9,380 9,300
Trade and other receivables 22 – 35
TOTAL NON-CuRRENT ASSETS 30,796 25,589
CuRRENT ASSETS
Trade and other receivables 22 58,713 92,299
Available-for-sale financial assets 23 1,056 680
Trading portfolio assets 24 5,034 19,171
cash and cash equivalents 25 103,639 122,743
Assets of disposal groups classified as held-for-sale:
– cash and cash equivalents 8 21,692 –
– other assets 8 6,360 –
TOTAL CuRRENT ASSETS 196,494 234,893
TOTAL ASSETS 227,290 260,482
LIABILITIES
CuRRENT LIABILITIES
Trade and other payables 26 60,251 96,082
Trading portfolio liabilities 27 4,260 6,744
current income tax liabilities 133 1,519
liabilities of disposal groups classified as held-for-sale 8 12,878 –
TOTAL CuRRENT LIABILITIES 77,522 104,345
NON-CuRRENT LIABILITIES
Deferred income tax liabilities 28 1,791 340
provisions for other liabilities and charges 29 763 525
TOTAL NON-CuRRENT LIABILITIES 2,554 865
TOTAL LIABILITIES 80,076 105,210
EQuITY
CAPITAL AND RESERVES ATTRIBuTABLE TO EQuITY SHAREHOLDERS
share capital 32 2,245 2,232
share premium 31 29,762 28,795
capital redemption reserve 31 373 373
Merger reserve 31 29,332 51,230
Available-for-sale and other reserves 31 (1,891) (1,687)
retained earnings 31 86,524 72,389
SHAREHOLDERS’ EQuITY EXCLuDING MINORITY INTEREST 31 146,345 153,332
MINORITY INTERESTS IN EQuITY 869 1,940
TOTAL EQuITY 147,214 155,272
TOTAL EQuITY AND LIABILITIES 227,290 260,482
The notes on pages 44 to 76 form an integral part of these Financial statements.
The Financial statements on pages 40 to 76 were approved by the Board of Directors on 8 April 2009 and were signed on its behalf by:
Alex Snow
chief executive
Consolidated BalanCe sHeet
AS AT 31 DECEMBER 2008
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