Balance sheet

 Note 2011
£m
2010
£m
Non-current assets   
Goodwill11 102.6 107.7
Other intangible assets12 8.9 10.4
Property, plant and equipment13 443.9 458.0
Other investments14 0.8 0.5
Deferred tax assets21 52.3 48.3
Trade and other receivables17 1.9 2.6
   610.4 627.5
Current assets      
Inventories15 16.7 14.4
Finance lease receivables16 0.4
Current tax assets  2.4
Trade and other receivables17 105.8 99.2
Cash and bank balances17 18.1 23.5
Assets held for sale18 5.3 6.2
   148.3 143.7
Total assets   758.7 771.2
Current liabilities    
Trade and other payables 23 126.9 120.4
Current tax liabilities  11.4 9.6
Obligations under finance leases22 0.2 0.4
Borrowings19 10.8 8.9
Derivative financial instruments20 0.1
Provisions24 10.6 14.0
   160.0 153.3
Net current liabilities   (11.7) (9.6)
Non-current liabilities    
Borrowings19 6.5 64.8
Retirement benefit obligations30 13.5 11.6
Deferred tax liabilities21 79.5 73.1
Obligations under finance leases22 0.5 0.7
Derivative financial instruments20 0.2
Provisions24 11.4 12.8
Other payables23 4.5 4.1
   116.1 167.1
Total liabilities   276.1 320.4
Net assets   482.6 450.8
Equity    
Share capital 25 33.0 32.8
Share premium account  176.9 176.3
Own shares  (6.7) (8.0)
Other reserves  143.1 138.1
Hedging and translation reserves  24.7 36.0
Retained earnings  110.3 73.9
Equity attributable to equity holders of the parent   481.3 449.1
Non-controlling interests  1.3 1.7
Total equity   482.6 450.8

The financial statements of Bodycote plc, registered number 519057, were approved by the Board of Directors and authorised for issue on 23 February 2012.

They were signed on its behalf by:

S. C. Harris - Directors
D. F. Landless - Directors