Group balance sheet

Visit our downloads centre to download this in Excel or PDF format

 

  Notes 23 February
2019
£m
24 February
2018
(restated*)
£m
Non-current assets      
Goodwill and other intangible assets 10 6,264 2,661
Property, plant and equipment 11 19,023 18,521
Investment property 12 36 100
Investments in joint ventures and associates 13 704 689
Financial assets at fair value through other comprehensive income 14 979 860
Trade and other receivables 16 195 186
Loans and advances to customers and banks 17 7,868 6,885
Derivative financial instruments 23 1,178 1,117
Deferred tax assets 6 132 116
   
36,379
31,135
Current assets      
Financial assets at fair value through other comprehensive income 14 67 68
Inventories 15 2,617 2,264
Trade and other receivables 16 1,640 1,504
Loans and advances to customers and banks 17 4,882 4,637
Derivative financial instruments 23 52 27
Current tax assets   6 12
Short-term investments 18 390 1,029
Cash and cash equivalents 18 2,916 4,059
    12,570 13,600
Non-current assets classified as held for sale 7 98 149
  12,668 13,749
Current liabilities      
Trade and other payables 19 (9,354) (8,994)
Borrowings 21 (1,599) (1,479)
Derivative financial instruments 23 (250) (69)
Customer deposits and deposits from banks 24 (8,832) (7,812)
Current tax liabilities 6 (325) (335)
Provisions 25 (320) (544)
    (20,680) (19,233)
Net current liabilities 
(8,012)
(5,484)
Non-current liabilities      
Trade and other payables 19 (384) (364)
Borrowings 21 (5,673) (7,142)
Derivative financial instruments 23 (389) (594)
Customer deposits and deposits from banks 24 (3,296) (2,972)
Post-employment benefit obligations 27 (2,808) (3,282)
Deferred tax liabilities 6 (236) (96)
Provisions 25 (747) (721)
  (13,533) (15,171)
Net assets  14,834 10,480
Equity      
Share capital 28 490 410
Share premium   5,165 5,107
All other reserves   3,798 735
Retained earnings   5,405 4,250
Equity attributable to owners of the parent 14,858 10,502
Non-controlling interests (24) (22)
Total equity 14,834 10,480

The notes on pages 98 to 161 form part of these financial statements.

* Restated for the adoption of IFRS 15 as explained in Note 1 and Note 36.

Dave Lewis
Alan Stewart


Directors
The financial statements on pages 92 to 161 were approved and authorised for issue by the Directors on 9 April 2019.