Note	2020 £m	Restated* 2019 £m
ASSETS
Non-current assets
Intangible assets	12	692.2	680.6
Property, plant and equipment	13	76.4	58.4
Investments	6	17.4	10.1
Deferred tax assets	15	2.7	0.9
Total non-current assets		788.7	750.0
Current assets
Inventories	16	120.8	103.5
Current tax receivables	20	6.8	7.9
Trade and other receivables	17	93.9	99.8
Cash and cash equivalents	18	227.4	80.3
Total current assets		448.9	291.5
Total assets		1,237.6	1,041.5
LIABILITIES
Current liabilities
Borrowings and lease liabilities	21	(4.6)	(1.2)
Trade and other payables	19	(98.2)	(95.5)
Contingent consideration	32	(8.9)	(5.1)
Current tax liabilities	20	(25.6)	(16.3)
Total current liabilities		(137.3)	(118.1)
Non-current liabilities
Borrowings and lease liabilities	21	(350.4)	(306.9)
Deferred income		–	–
Contingent consideration	32	(47.3)	(30.9)
Employee benefit obligations	23	–	–
Provisions	22	(2.5)	(2.0)
Deferred tax liabilities	15	(62.6)	(74.5)
Total non-current liabilities		(462.8)	(414.3)
Total liabilities		(600.1)	(532.4)
Net assets		637.5	509.1
EQUITY
Issued share capital	25	1.1	1.0
Share premium account		409.3	277.9
Own shares	26	–	–
Hedging reserve		–	–
Foreign currency translation reserve		16.3	21.6
Merger reserve		84.4	84.4
Retained earnings		126.4	124.2
Total equity attributable to equity holders of the parent		637.5	509.1

* Restated as detailed in note 31 Acquisitions.

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

Company number: 3369634