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Consolidated Balance Sheet

as at 31 December 2009
  2009 €’000 2008 €’000
Non-Current Assets  
Property, fixtures & equipment 5,383 7,723
Interests in joint ventures 1,199 6,523
Deferred tax assets 4,708 3,409
  11,290 16,655
Current Assets  
Inventories 228,504 383,713
Trade & other receivables 16,126 45,115
Cash & cash equivalents 5,261 26,228
Assets classified as held for sale - 504
  249,891 455,560
Total Assets 261,181 472,215
Current Liabilities  
Trade & other payables 81,427 112,566
Retirement benefit obligation 376 535
Tax liabilities 2,000 5,005
Provisions 10,550 8,678
Obligations under finance leases 152 282
Bank loans & overdrafts 241,725 140,330
  336,230 267,396
Net Current (Liabilities)/Assets (86,339) 188,164
Non-Current Liabilities  
Bank loans - 105,475
Retirement benefit obligation 1,916 985
Deferred tax liabilities 49 152
Provisions 14,761 3,123
Other payables 743 1,033
Obligations under finance leases 71 286
  17,540 111,054
Total Liabilities 353,770 378,450
Net (Liabilities)/Assets (92,589) 93,765
Equity  
Share capital 5,041 5,041
Capital conversion reserve fund 62 62
Share premium account 101,071 101,071
Other reserves (1,013) (1,247)
Hedging & translation reserves (21,221) (27,067)
Accumulated (Losses)/Earnings (176,529) 15,905
  (92,589) 93,765
Total Equity and Liabilities 261,181 472,215
 

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