for the financial year ended 31 December 2019
| Notes | 2019 €m |
2018 €m |
|
|---|---|---|---|
| Assets | |||
| Non-current assets | |||
| Property, plant and equipment | 40 | 161.2 | 161.0 |
| Intangible assets | 41 | 0.2 | 0.3 |
| Right of use assets | 42 | 0.1 | - |
| Investments in subsidiaries | 43 | 14.6 | 13.4 |
| Retirement benefit surplus | 51 iv | 0.8 | 0.7 |
| 176.9 | 175.4 | ||
| Current assets | |||
| Inventories | 44 | - | 0.6 |
| Trade and other receivables | 45 | 112.9 | 181.4 |
| Cash and cash equivalents | 22.6 | 26.4 | |
| 135.5 | 208.4 | ||
| Total assets | 312.4 | 383.8 | |
| Equity and liabilities | |||
| Equity | |||
| Share capital | 46 | 12.2 | 12.4 |
| Share premium | 19.5 | 19.4 | |
| Other reserves | 13.3 | 11.0 | |
| Retained earnings | 139.4 | 170.4 | |
| Equity attributable to equity holders | 184.4 | 213.2 | |
| Non-current liabilities | |||
| Borrowings | - | 0.1 | |
| - | 0.1 | ||
| Current liabilities | |||
| Borrowings | 47 | - | 0.2 |
| Lease liabilities | 48 | 0.1 | - |
| Trade and other payables | 50 | 127.9 | 170.3 |
| 128.0 | 170.5 | ||
| Total liabilities | 128.0 | 170.6 | |
| Total equity and liabilities | 312.4 | 383.8 |
The Company reported a profit for the financial year ended 31 December 2019 of €6.5 million (2018: €47.8 million)
The financial statements were approved by the Board of Directors on 4 March 2020 and signed on its behalf by:
Eamonn Rothwell, Director
David Ledwidge, Director