Note2015
£000
2014
£000
ASSETS
Non-current assets
Intangible assets11166,684196,182
Property, plant and equipment1216,82218,258
Total non-current assets183,506214,440
Current assets
Inventories1531,74429,673
Trade and other receivables1630,93229,888
Cash and cash equivalents1745,94826,773
Total current assets108,62486,334
Total assets292,130300,774
LIABILITIES
Current liabilities
Borrowings20(8)(103)
Trade and other payables18(31,025)(27,365)
Deferred and contingent consideration(4,417)(1,784)
Current tax liabilities19(8,659)(6,463)
Total current liabilities(44,109)(35,715)
Non-current liabilities
Borrowings20(32,519)(31,660)
Deferred and contingent consideration(3,412)(6,025)
Employee benefit obligations21(1,311)(1,070)
Deferred tax liabilities14(16,291)(21,498)
Total non-current liabilities(53,533)(60,253)
Total liabilities(97,642)(95,968)
Net assets194,488204,806
EQUITY
Issued share capital23880877
Share premium account124,801124,429
Own shares24(303)(606)
Hedging reserve(94)(132)
Foreign currency translation reserve(27,547)(9,022)
Merger reserve1,7701,770
Retained earnings94,98187,490
Total equity attributable to equity holders of the parent194,488204,806

The financial statements were approved by the Board of Directors on 7 September 2015 and are signed on its behalf by:

Ian Page
Chief Executive Officer
7 September 2015

Anne-Francoise Nesmes
Chief Financial Officer
7 September 2015

Company number: 3369634