ICG 2021 Annual Report - Consolidated Statement of Financial Position

as at 31 December 2021

		2021	2020
	Notes	€m	€m

Assets
Non-current assets
Property, plant and equipment	13	328.2	313.5
Intangible assets	14	1.9	1.2
Right-of-use assets	15	57.2	38.3
Retirement benefit surplus	32 iv	6.7	1.0
Finance lease receivable	16	13.6	16.6
Deferred tax asset	25	0.1	0.3
		407.7	370.9
Current assets
Inventories	17	3.8	1.9
Trade and other receivables	18	61.9	55.7
Cash and cash equivalents	19	38.5	150.4
		104.2	208.0
Total assets		511.9	578.9

Equity and liabilities
Equity
Share capital	20	11.9	12.2
Share premium	21	20.4	19.7
Other reserves	21	(8.1)	(9.3)
Retained earnings		225.5	243.3
Equity attributable to equity holders of the parent		249.7	265.9

Non-current liabilities
Borrowings	22	115.8	113.1
Lease liabilities	23	37.5	27.8
Deferred tax liabilities	25	1.3	0.5
Provisions	27	0.2	0.2
Retirement benefit obligation	32 iv	1.4	2.2
		156.2	143.8
Current liabilities
Borrowings	22	7.3	87.3
Lease liabilities	23	20.1	10.7
Trade and other payables	26	75.5	69.2
Provisions	27	3.1	2.0
		106.0	169.2
Total liabilities		262.2	313.0
Total equity and liabilities		511.9	578.9

The Financial Statements were approved by the Board of Directors on 9 March 2022 and signed on its behalf by:

Eamonn Rothwell	David Ledwidge
Director	Director

Consolidated Statement of Financial Position