Note2020
£m
2019
£m
Non-current assets
Investmentsiv743.6743.6
Intangible assetsv9.310.1
Tangible assetsvi1.20.2
754.1753.9
Current assets
Trade and other receivables (includes amounts falling due after more than one year of £47.6 million (2019: £1.2 million))vii110.728.8
Cash at bank and in handviii200.150.9
310.879.7
Borrowingsx(0.2)
Trade and other payablesix(267.3)(220.4)
Net current assets/ (liabilities)43.3(140.7)
Total assets less current liabilities797.4613.2
Non-current liabilities
Borrowingsx(166.6)(114.5)
Net assets630.8498.7
Equity
Called up share capitalxii1.11.0
Share premium account409.3277.9
Foreign currency translation reserve0.60.6
Merger reserve82.682.6
At 1 July136.6120.4
Profit for the year attributable to the owners32.343.1
Other changes in retained earnings(31.7)(26.9)
Retained earnings137.2136.6
Total equity shareholders' funds630.8498.7

The financial statements were approved by the Board of Directors on 7 September 2020 and are signed on its behalf by:

Ian Page
Chief Executive Officer
7 September 2020

Paul Sandland
Chief Financial Officer
7 September 2020

Company number: 3369634