Tribal -
 

Condensed consolidated balance sheet


at 30 June 2008

    30 June   30 June   30 September   31 December
  Note 2008   2007   2007   2007
    £’000   £’000   £’000   £’000
                 
Non-current assets                
Goodwill 11 202,869   191,869   183,086   186,991
Other intangible assets 12 6,990   3,667   3,894   4,254
Property, plant and equipment   8,423   7,597   7,356   7,363
Investments   187   149   155   157
Deferred tax assets   1,617   779   1,429   1,389
Derivative financial instruments   644   928   461   178
                 
    220,730   204,989   196,381   200,332
                 
Current assets                
Inventories   1,496   676   1,508   1,055
Trade and other receivables 13 65,585   55,380   58,862   62,326
Amounts recoverable on contracts   -   220   288   63
Cash and cash equivalents 19 22,222   13,648   15,293   15,982
Collateralised cash   -   817   199   192
                 
    89,303   70,741   76,150   79,618
Total assets   310,033   275,730   272,531   279,950
                 
Current liabilities                
Trade and other payables 14 (80,674)   (60,431)   (63,590)   (67,418)
Tax liabilities   (6,203)   (3,261)   (4,942)   (5,400)
Obligations under finance leases   (3)   (6)   (5)   (3)
Bank loans and loan notes   (662)   (1,079)   (337)   (876)
Provisions 15 (560)   (450)   (706)   (577)
Shares to be issued   -   (489)   -   -
                 
    (88,102)   (65,716)   (69,580)   (74,274)
                 
Net current assets   1,201   5,025   6,570   5,344
                 
Non-current liabilities                
Bank loans   (28,896)   (22,141)   (22,076)   (22,098)
Pension liabilities 16 (1,052)   (1,436)   (1,260)   (1,228)
Deferred tax liabilities   (2,017)   (296)   (1,260)   (1,108)
Obligations under finance leases   -   (2)   (2)   -
                 
    (31,965)   (23,875)   (24,598)   (24,434)
                 
Total liabilities   (120,067)   (89,591)   (94,178)   (98,708)
                 
Net assets   189,966   186,139   178,353   181,242
                 
                 
Equity                
Share capital   4,364   4,236   4,239   4,239
Share premium account   77,993   74,682   74,750   74,750
Other reserves   65,077   67,831   67,714   64,582
Retained earnings   40,810   37,828   29,786   36,606
                 
Equity attributable to equity holders of the parent 17 188,244   184,577   176,489   180,177
                 
Minority interest   1,722   1,562   1,864   1,065
Total equity   189,966   186,139   178,353   181,242