Note30 June
2018
£'m
1 July
2017
£'m
Non–current assets
Intangible assets1128.627.5
Property, plant and equipment12198.6195.2
Deferred tax assets130.3
Derivative financial instruments181.4
Total non-current assets228.6223.0
 
Current assets
Inventories14154.7165.3
Trade and other receivables1523.926.4
Derivative financial instruments182.81.1
Cash and cash equivalents1615.017.4
Total current assets196.4210.2
Total assets425.0433.2
 
Current liabilities
Trade and other payables17(101.8)(133.1)
Liability for current tax(7.8)(7.0)
Derivative financial instruments18(0.7)(0.4)
Total current liabilities(110.3)(140.5)
 
Non-current liabilities
Bank loans19(139.0)(139.5)
Trade and other payables17(38.3)(39.8)
Deferred tax liabilities13(1.0)
Provisions20(1.7)(1.7)
Derivative financial instruments18(1.6)
Total non-current liabilities(180.0)(182.6)
Total liabilities(290.3)(323.1)
Net assets134.7110.1
 
Equity
Issued share capital212.02.0
Share premium account1.61.6
Capital redemption reserve43.243.2
Hedging reserve2.8(0.7)
Retained earnings85.164.0
Total equity attributable to equity holders of the Parent134.7110.1

The Consolidated Income Statement, Consolidated Statement of Comprehensive Income, Consolidated Statement of Financial Position, Consolidated Statement of Cash Flows, Consolidated Statement of Changes in Equity, Accounting Policies, Notes to the Consolidated Financial Statements were approved by the Board of Directors on 12 September 2018 and were signed on its behalf by:

Nicholas Wilkinson Chief Executive Officer