Note2017
£000
Restated
2016
£000
ASSETS
Non-current assets
Intangible assets12396,262355,258
Property, plant and equipment1345,19737,718
Investments610,854
Deferred tax assets15780466
Total non-current assets453,093393,442
Current assets
Inventories1656,50754,375
Trade and other receivables1767,26968,869
Cash and cash equivalents1861,20039,142
Total current assets184,976162,386
Total assets638,069555,828
LIABILITIES
Current liabilities
Borrowings21(973)(1,672)
Trade and other payables19(61,309)(59,946)
Deferred and contingent consideration(1,617)(467)
Current tax liabilities20(2,512)(3,897)
Total current liabilities(66,411)(65,982)
Non-current liabilities
Borrowings21(180,186)(154,093)
Deferred and contingent consideration(33,373)(3,166)
Employee benefit obligations23(3,009)(3,721)
Provisions22(3,180)(3,334)
Deferred tax liabilities15(49,273)(48,920)
Total non-current liabilities(269,021)(213,234)
Total liabilities(335,432)(279,216)
Net assets302,637276,612
EQUITY
Issued share capital25932927
Share premium account173,376172,451
Own shares26(667)(21)
Hedging reserve(15)
Foreign currency translation reserve18,2415,524
Merger reserve1,7701,770
Retained earnings107,42293,995
Total equity attributable to equity holders of the parent301,074274,631
Non-controlling interests271,5631,981
Total equity302,637276,612

The financial statements were approved by the Board of Directors on 4 September 2017 and are signed on its behalf by:

Ian Page
Chief Executive Officer
4 September 2017

Richard Cotton
Chief Financial Officer
4 September 2017

Company number: 3369634