Consolidated balance sheet

As at 26 January 2013

Notes   2013
£m
2012
£m
  Non-current assets    
10 Intangible assets 213.7 164.3
11 Property, plant and equipment 3,820.9 3,798.4
14 Trade and other receivables* 55.8 51.3
21 Deferred tax asset 25.6 -
    4,116.0 4,014.0
  Current assets    
13 Inventories 514.0 465.2
14 Trade and other receivables* 192.1 213.3
  Current tax receivable 2.9 -
23 Derivative financial instruments 4.2 2.7
15 Cash and cash equivalents 534.4 550.8
    1,247.6 1,232.0
  Total assets 5,353.6 5,246.0
  Current liabilities    
17 Borrowings and overdrafts (156.3) (302.1)
18 Trade and other payables (1,364.0) (1,134.8)
  Current tax payable - (9.3)
19 Finance lease liabilities (3.0) (0.6)
20 Provisions (110.0) (90.6)
23 Derivative financial instruments (0.6) (2.5)
    (1,633.9) (1,539.9)
  Non-current liabilities    
17 Borrowings (714.7) (799.2)
18 Trade and other payables (119.3) (85.8)
19 Finance lease liabilities (35.9) (26.4)
20 Provisions (136.2) (115.6)
21 Deferred tax liabilities - (32.1)
24 Retirement benefit obligations (822.1) (638.1)
    (1,828.2) (1,697.2)
  Total liabilities (3,462.1) (3,237.1)
  Net assets 1,901.5 2,008.9
  Equity    
26 Share capital 0.6 0.6
  Other reserves 10.3 6.6
  Retained earnings 1,890.6 2,001.7
  Total equity 1,901.5 2,008.9


The comparatives have been re-presented in respect of current and non-current trade and other receivables as explained in note 1 in the John Lewis Partnership annual report and accounts 2013 (PDF size: 2.9MB).

The financial statements on pages 52 to 90 were approved by the Board of Directors on 22 April 2013 and signed on its behalf by
Charlie Mayfield
Helen Weir

Directors