Consolidated balance sheet

For the four years to 31 March 2010.

Consolidated balance sheet		Restated	Restated	Re-presented
	At 31 March 2010	At 31 March 2009*	At 31 March 2008*	at 31 March 2007**
	£m	£m	£m	£m
Assets
Non-current assets
Property, plant and equipment	8,122.8	7,866.8	7,481.8	8,894.6
Goodwill	2.5	2.6	2.3	5.0
Other intangible assets	208.6	198.9	176.2	115.5
Investments	7.7	136.8	155.5	202.4
Trade and other receivables	56.5	44.2	53.1	21.6
Retirement benefit surplus	-	-	-	61.3
Derivative financial instruments	378.5	445.7	70.0	15.2
	8,776.6	8,695.0	7,938.9	9,315.6
Current assets
Inventories	74.8	73.0	63.3	62.8
Trade and other receivables	451.0	491.6	456.2	418.2
Cash and short-term deposits	301.5	298.6	1,810.5	2,403.3
Derivative financial instruments	18.3	193.3	73.3	61.0
	845.6	1,056.5	2,403.3	2,945.3
Total assets	9,622.2	9,751.5	10,342.2	12,260.9
Liabilities
Non-current liabilities
Trade and other payables	-146.5	-139.8	-125.5	-414.3
Borrowings	-5307.9	-5,200.1	-3,788.9	-4,854.9
Retirement benefit obligations	-271.3	-213.1	-101.2	-
Deferred tax	-1355.4	-1,341.3	-1,166.6	-1,550.5
Provisions	-8.3	-17.2	-18.7	-30.4
Derivative financial instruments	-102.3	-90.8	-42.3	-173.5
	-7,191.7	-7,002.3	-5.243.2	-7,023.6
Current liabilities
Trade and other payables	-594.0	-672.4	-771.9	-749.2
Borrowings	-168.3	-479.6	-878.4	-1,509.5
Current tax liabilities	-89.0	-67.6	-66.9	-168.0
Provisions	-45.5	-22.6	-21.0	-8.5
Derivative financial instruments	-25.8	-62.3	-147.6	-67.3
	-922.6	-1,304.5	-1,885.8	-2,502.5
Total liabilities	-8,114.3	-8,306.8	-7,129.0	-9,526.1
Total net assets	1,507.9	1,444.7	3,213.2	2,734.8
Equity
Capital and reserves attributable to equity holders of the company
Share capital	499.8	499.8	881.6	879.8
Share premium account	0.9	0.7	1,429.3	1,421.9
Revaluation reserve	158.8	158.8	158.8	158.8
Treasury shares	-0.1	-0.3	-0.3	-0.3
Cumulative exchange reserve	22.3	16.1	7.6	-4.2
Merger reserve	329.7	313.0	-	-
Other reserves	3.8	36.6	58.1	24.3
Retained earnings	492.7	417.3	674.9	254.5
Shareholders' equity	1,507.9	1,442.0	3,210.0	2,734.8
Minority interest	-	-	-	-
Total equity	1,507.9	1,444.7	3,213.2	2,734.8

* In 2009/10, the group adopted IFRIC 12 'Service Concession Arrangements' and the amendments to IAS 1 arising from the 'Improvements to IFRS' project. The consolidated statements of financial position as at 31 March 2008 and 31 March 2009 have been restated accordingly.

** The balance sheet amounts in respect of investments, retirement benefits, deferred tax, inventories, other reserves and retained earnings have been re-presented at 31 March 2007.  Refer to notes 14, 19 and 23 of the 2008 annual report and accounts for details.