Northumbrian Water

Winner of the Queen’s
Award for Enterprise

in the category of
sustainable development

We are proud to provide a sustainable, affordable, clean and safe water supply and to manage and treat the waste water returned to us in a way that protects the environment.

Consolidated balance sheet

For the year ended 31 March 2010

  Year to
31.3.2010
£m
Year to
31.3.2009
£m
Non-current assets     
Goodwill   3.6  3.6
Other intangible assets   64.2  64.2
Property, plant and equipment   3,504.9  3,388.2
Investments in jointly controlled entities   4.1  3.8
Financial assets   12.9  14.0
Amounts receivable relating to consortium relief   1.7  1.7
   3,591.4  3,475.5
Current assets     
Inventories   3.3  3.2
Trade and other receivables   136.4  131.7
Short term cash deposits   15.8  160.6
Cash and cash equivalents   174.8  108.8
   330.3  404.3
TOTAL ASSETS   3,921.7  3,879.8
Non-current liabilities     
Interest bearing loans and borrowings   2,433.9  2,465.3
Provisions   2.2  2.5
Deferred income tax liabilities   606.1  596.5
Pension liability   133.1  119.4
Other payables   7.8  8.1
Grants and deferred income  219.5  215.6
   3,402.6  3,407.4
Current liabilities     
Interest bearing loans and borrowings   33.1  49.2
Provisions   0.2  0.2
Trade and other payables   151.2  147.8
Interest rate swaps    12.5  11.7
Income tax payable   8.2  6.1
   205.2  215.0
TOTAL LIABILITIES   3,607.8  3,622.4
NET ASSETS   313.9  257.4
Capital and reserves     
Issued capital   51.9  51.9
Share premium reserve   446.5  446.5
Cash flow hedge reserve   (8.2)  (7.6)
Treasury shares   (2.0)  (2.3)
Currency translation   0.7  1.0
Retained earnings   (177.8)  (234.5)
Equity shareholders' funds   311.1  255.0
Minority interests   2.8  2.4
TOTAL CAPITAL AND RESERVES   313.9  257.4

Download the Annual report and financial statements.