Consolidated balance sheet as at 27 November 2011


Notes27 November
2011
£'000
28 November
2010
£'000
Non-current assets


Intangible assets 3.1.1 13,233 8,069
Property, plant and equipment 3.2.1 194,114 100,031
Deferred tax asset 2.2.2 9,615 7,300
Available-for-sale financial asset 3.3.1 395 395


217,357 115,795
Current assets


Inventories 3.4.1 14,310 12,480
Trade and other receivables 3.4.2 37,885 18,569
Derivative financial instruments 4.4.1 11 472
Short-term investment 3.4.3 30,000
Cash and cash equivalents 3.4.4 92,102 124,639


144,308 186,160
Total assets
361,665 301,955
Current liabilities


Trade and other payables 3.4.5 (75,555) (55,491)
Borrowings 4.1.2 (3,270) (2,282)
Obligations under finance leases 4.1.3 (19,643) (16,485)
Derivative financial instruments 4.4.1 (318)
Provisions 3.5.1 (686) (115)


(99,472) (74,373)
Net current assets
44,836 111,787
Non-current liabilities


Borrowings 4.1.2 (45,793) (9,774)
Obligations under finance leases 4.1.3 (42,561) (45,573)
Provisions 3.5.1 (555) (446)
Deferred tax liability 2.2.2 (395)


(89,304) (55,793)
Net assets
172,889 171,789
Equity


Share capital 4.6.1 11,167 11,068
Share premium 4.6.1 213,783 206,094
Treasury shares reserve 4.6.1 (53,805) (47,741)
Reverse acquisition reserve 4.6.1 (116,230) (116,230)
Other reserves 4.6.1 9 726
Retained earnings
117,965 117,872
Total equity
172,889 171,789

The consolidated financial statements were authorised for issue by the Board of Directors and signed on its behalf by:

Tim Steiner
Chief Executive Officer


Andrew Bracey
Chief Financial Officer


Ocado Group plc
Company Registration Number 07098618 (England and Wales)
21 March 2012