Financial information

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Financial information

At 31 December 2020

	Note	2020 £m	2019 £m
Non-current assets
Goodwill	11	215.5	169.8
Other intangible assets	12	108.0	42.6
Property, plant and equipment	13	522.6	534.5
Right-of-use assets	14	69.0	73.3
Investment in associate	26	4.1	4.2
Deferred tax assets	21	2.4	6.1
Trade and other receivables	16	2.1	1.2
		923.7	831.7
Current assets
Inventories	15	15.8	14.8
Current tax assets		20.7	15.7
Trade and other receivables	16	116.2	142.9
Cash and bank balances	17	30.7	22.0
Assets held for sale	18	2.9	–
		186.3	195.4
Total assets		1,110.0	1,027.1

Current liabilities
Trade and other payables	22	170.9	127.4
Current tax liabilities		30.7	31.2
Borrowings	19	53.2	1.1
Lease liabilities	14	13.6	13.4
Provisions	23	26.0	4.0
		294.4	177.1
Net current (liabilities)/assets		(108.1)	18.3

Non-current liabilities
Lease liabilities	14	62.0	66.0
Retirement benefit obligations	30	16.2	17.9
Deferred tax liabilities	21	42.7	48.6
Provisions	23	11.0	9.5
Other payables	22	2.3	2.2
		134.2	144.2
Total liabilities		428.6	321.3
Net assets		681.4	705.8

Equity
Share capital	24	33.1	33.1
Share premium account		177.1	177.1
Own shares		(6.9)	(11.6)
Other reserves		132.6	136.7
Translation reserves		37.9	37.9
Retained earnings		306.7	331.8

Equity attributable to equity holders of the parent		680.5	705.0
Non-controlling interests		0.9	0.8
Total equity		681.4	705.8

The financial statements of Bodycote plc, registered number 519057, were approved by the Board of Directors and authorised for issue on 12 March 2021.

They were signed on its behalf by:

S.C. Harris –
Director
D Yates –
Director

Financial information

At 31 December 2020

	Note	2020 £m	2019 £m
Non-current assets
Goodwill	11	215.5	169.8
Other intangible assets	12	108.0	42.6
Property, plant and equipment	13	522.6	534.5
Right-of-use assets	14	69.0	73.3
Investment in associate	26	4.1	4.2
Deferred tax assets	21	2.4	6.1
Trade and other receivables	16	2.1	1.2
		923.7	831.7
Current assets
Inventories	15	15.8	14.8
Current tax assets		20.7	15.7
Trade and other receivables	16	116.2	142.9
Cash and bank balances	17	30.7	22.0
Assets held for sale	18	2.9	–
		186.3	195.4
Total assets		1,110.0	1,027.1

Current liabilities
Trade and other payables	22	170.9	127.4
Current tax liabilities		30.7	31.2
Borrowings	19	53.2	1.1
Lease liabilities	14	13.6	13.4
Provisions	23	26.0	4.0
		294.4	177.1
Net current (liabilities)/assets		(108.1)	18.3

Non-current liabilities
Lease liabilities	14	62.0	66.0
Retirement benefit obligations	30	16.2	17.9
Deferred tax liabilities	21	42.7	48.6
Provisions	23	11.0	9.5
Other payables	22	2.3	2.2
		134.2	144.2
Total liabilities		428.6	321.3
Net assets		681.4	705.8

Equity
Share capital	24	33.1	33.1
Share premium account		177.1	177.1
Own shares		(6.9)	(11.6)
Other reserves		132.6	136.7
Translation reserves		37.9	37.9
Retained earnings		306.7	331.8

Equity attributable to equity holders of the parent		680.5	705.0
Non-controlling interests		0.9	0.8
Total equity		681.4	705.8

The financial statements of Bodycote plc, registered number 519057, were approved by the Board of Directors and authorised for issue on 12 March 2021.

They were signed on its behalf by:

S.C. Harris –
Director
D Yates –
Director