Group balance sheet

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  Notes 24 February 2018
£m
25 February 2017
£m
Non-current assets      
Goodwill, software and other intangible assets 10 2,661 2,717
Property, plant and equipment 11 18,521 18,108
Investment property 12 100 64
Investments in joint ventures and associates 13 689 739
Other investments 14 860 823
Trade and other receivables 16 186 180
Loans and advances to customers 17 6,885 5,795
Derivative financial instruments 22 1,117 1,303
Deferred tax assets 6 117 707
    31,136 30,436
Current assets      
Other investments 14 68 284
Inventories 15 2,263 2,301
Trade and other receivables 16 1,482 1,475
Loans and advances to customers 17 4,637 4,166
Derivative financial instruments 22 27 286
Current tax assets   12 13
Short-term investments 18 1,029 2,727
Cash and cash equivalents 18 4,059 3,821
    13,577 15,073
Assets of the disposal group and non-current assets classified as held for sale  7 149 344
  13,726 15,417
Current liabilities      
Trade and other payables 19 (8,996) (8,875)
Borrowings 21 (1,479) (2,560)
Derivative financial instruments 22 (69) (61)
Customer deposits and deposits from banks 24 (7,812) (6,687)
Current tax liabilities 6 (335) (613)
Provisions 25 (547) (438)
    (19,238) (19,234)
Liabilities of the disposal group classified as held for sale 7 (171)
Net current liabilities  (5,512) (3,988)
Non-current liabilities      
Trade and other payables 19 (364) (324)
Borrowings 21 (7,142) (9,433)
Derivative financial instruments 22 (594) (607)
Customer deposits and deposits from banks 24 (2,972) (2,276)
Post-employment benefit obligations 27 (3,282) (6,621)
Deferred tax liabilities 6 (91) (88)
Provisions 25 (721) (685)
  (15,166) (20,034)
Net assets  10,458 6,414
Equity      
Share capital 28 410 409
Share premium   5,107 5,096
All other reserves   735 601
Retained earnings   4,228 332
Equity attributable to owners of the parent 10,480 6,438
Non-controlling interests (22) (24)
Total equity 10,458 6,414

The notes on pages 79 to 131 form part of these financial statements.

Dave Lewis
Alan Stewart


Directors
The financial statements on pages 74 to 131 were authorised for issue by the Directors on 10 April 2018 and are subject to the approval of the shareholders at the AGM on 15 June 2018.