Balance sheet

Consolidated statements of financial position

As at 31 December 2018

2018

£000

2017

£000

Assets

Non-current assets

Goodwill

262,679​

152,779

Other intangible assets

44,264​

43,493

Property, plant and equipment

7,761​

10,168

Deferred tax asset

8,113​

7,780

Total non-current assets

322,817​

214,220

Current assets

Cash and cash equivalents

92,001​

35,943

Trade and other receivables

94,206​

56,885

Portfolio investments

1,087,030​

951,467

Total current assets

1,273,237​

1,044,295

Total assets

1,596,054​

1,258,515

Equity

Share capital

1,763​

1,753

Share premium

347,436​

347,436

Retained earnings

116,589​

118,710

Hedging reserve

(584)​

(343)

Other reserves

(273,547)​

(272,408)

Total equity attributable to shareholders

191,657​

195,148

Non-controlling interest

601​

173

Total equity

192,258​

195,321

Liabilities

Non-current liabilities

Senior secured notes

920,798​

763,740

Trade and other payables

52,476​

16,569

Deferred tax liability

14,930​

21,940

Total non-current liabilities

988,204​

802,249

Current liabilities

Trade and other payables

145,181​

81,790

Derivative liability

502​

2,865

Current tax liability

7,915​

4,528

Revolving credit facility

242,121​

153,036

Bank overdrafts

2,696​

1,332

Other borrowings

11,635​

10,724

Senior secured notes interest

5,542​

6,670

Total current liabilities

415,592​

260,945

Total liabilities

1,403,796​

1,063,194

Total equity and liabilities

1,596,054​

1,258,515