Consolidated balance sheet

At 31 December 2006

Note    31 December 2006 £m 31 December 2005 £m
  Non-current assets    
12  Goodwill 226  189 
13  Other intangible assets 189  194 
14  Property, plant and equipment 4,425  4,207 
15  Investments in joint ventures and associates 1,264  1,405 
16  Other investments 26  4 
17  Finance lease receivables 1,053  448 
18  Other long-term receivables 94  67 
19  Deferred tax assets 93  78 
22  Derivative financial assets 38  – 
  Total non-current assets 7,408  6,592 
  Current assets    
20  Inventories 141  110 
21  Trade and other receivables 399  396 
17  Finance lease receivables 33  12 
22  Derivative financial assets 243  268 
  Assets held for trading 42  52 
23  Cash and cash equivalents 980  620 
  1,838  1,458 
24  Non-current assets classified as held for sale 128  – 
  Total current assets 1,966  1,458 
  Total assets 9,374  8,050 
  Current liabilities    
25  Loans and bonds 241  187 
22  Derivative financial liabilities 204  496 
26  Trade and other payables 529  511 
  Current tax liabilities 142  106 
  Total current liabilities 1,116  1,300 
  Non-current liabilities    
25  Loans and bonds 4,266  3,464 
22  Derivative financial liabilities 226  191 
27  Other payables 121  95 
28  Retirement benefit obligations 25  27 
28  Provisions 184  41 
19  Deferred tax liabilities 696  557 
  Total non-current liabilities 5,518  4,375 
  Total liabilities 6,634  5,675 
  Net assets 2,740  2,375 
  Equity    
29/30  Share capital 746  737 
30  Share premium account 402  394 
30  Capital redemption reserve 145  145 
30  Capital reserve 422  422 
30  Hedging and translation reserves (72) (69)
30  Retained earnings 819  463 
  Total equity attributable to equity holders of the parent 2,462  2,092 
  Minority interests 278  283 
  Total equity 2,740  2,375 

The financial statements were approved by the Board of Directors on 5 March 2007 and signed on its behalf by

Signature of Philip Cox

Philip Cox
Chief Executive Officer

Signature of Mark Williamson

Mark Williamson
Chief Financial Officer

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