Group balance sheet

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  Notes 27 February
2016
£m
28 February
2015
£m
Non-current assets      
Goodwill and other intangible assets 10 2,874 3,771
Property, plant and equipment 11 17,900 20,440
Investment property 12 78 164
Investments in joint ventures and associates 13 785 940
Other investments 14 1,135 975
Loans and advances to customers 17 4,723 3,906
Derivative financial instruments 21 1,532 1,546
Deferred tax assets 6 49 514
    29,076 32,256
Current assets      
Inventories 15 2,430 2,957
Trade and other receivables 16 1,607 2,121
Loans and advances to customers 17 3,819 3,814
Derivative financial instruments 21 176 153
Current tax assets   15 16
Short-term investments 18 3,463 593
Cash and cash equivalents 18 3,082 2,165
    14,592 11,819
Assets of the disposal groups and non-current assets classified as held for sale 7 236 139
    14,828 11,958
Current liabilities      
Trade and other payables 19 (8,568) (9,922)
Borrowings 20 (2,826) (2,008)
Derivative financial instruments and other liabilities 21 (62) (89)
Customer deposits and deposits from banks 23 (7,479) (7,020)
Current tax liabilities 6 (419) (95)
Provisions 24 (360) (671)
    (19,714) (19,805)
Liabilities of the disposal groups classified as held for sale 7 (5)
Net current liabilities   (4,886) (7,852)
Non-current liabilities      
Borrowings 20 (10,711) (10,651)
Derivative financial instruments and other liabilities 21 (889) (946)
Post-employment benefit obligations 26 (3,175) (4,842)
Deferred tax liabilities 6 (135) (199)
Provisions 24 (664) (695)
    (15,574) (17,333)
Net assets   8,616 7,071
Equity      
Share capital 27 407 406
Share premium   5,095 5,094
All other reserves   (141) (414)
Retained earnings   3,265 1,985
Equity attributable to owners of the parent   8,626 7,071
Non-controlling interests   (10)
Total equity   8,616 7,071

The notes on pages 90 to 141 form part of these financial statements.

Dave Lewis
Alan Stewart

Directors

The financial statements on pages 85 to 141 were authorised for issue by the Directors on 12 April 2016 and are subject to the approval of the shareholders at the Annual General Meeting on 23 June 2016.