Summary consolidated balance sheets
in millions of US dollars
| December 31, 2008 $'M |
December 31 2007 $'M |
|
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | 218.2 | 762.5 |
| Restricted cash | 29.2 | 39.5 |
| Accounts receivable, net | 395.0 | 441.5 |
| Inventories | 154.5 | 174.1 |
| Assets held-for-sale | 16.6 | 10.6 |
| Deferred tax asset | 89.5 | 143.3 |
| Prepaid expenses and other current assets | 141.4 | 125.3 |
| Total current assets | 1,044.4 | 1,696.8 |
| Non-current assets: | ||
| Investments | 42.9 | 110.2 |
| Property, plant and equipment, net | 534.2 | 368.6 |
| Goodwill | 350.8 | 219.4 |
| Other intangible assets, net | 1,824.9 | 1,764.5 |
| Deferred tax asset | 118.1 | 143.7 |
| Other non-current assets | 18.4 | 26.9 |
| Total assets | 3,933.7 | 4,330.1 |
| LIABILITIES AND SHAREHOLDERS' EQUITY | ||
| Current liabilities: | ||
| Accounts payable and accrued expenses | 708.6 | 674.2 |
| Deferred tax liability | 10.9 | 11.3 |
| Liability to dissenting shareholders | - | 480.2 |
| Other current liabilities | 104.3 | 96.5 |
| Total current liabilities | 823.8 | 1,262.2 |
| Non-current liabilities: | ||
| Convertible bonds | 1,100.0 | 1,100.0 |
| Other long-term debt | 43.1 | 32.9 |
| Deferred tax liability | 377.0 | 332.4 |
| Other non-current liabilities | 291.3 | 375.6 |
| Total liabilities | 2,635.2 | 3,103.1 |
| Minority interest | 0.3 | - |
| Shareholders' equity: | ||
| Common stock of 5p par value | 55.5 | 55.2 |
| Exchangeable shares | - | 33.6 |
| Treasury stock | (397.2) | (280.8) |
| Additional paid-in capital | 2,594.6 | 2,503.4 |
| Accumulated other comprehensive income | 97.0 | 55.7 |
| CAccumulated deficity | (1,051.7) | (1,140.1) |
| Total shareholders' equity | 1,298.2 | 1,227.0 |
| Total liabilities and shareholders' equity | 3,933.7 | 4,330.1 |