Notes3 December
2017
£m
27 November 2016
£m
Non-Current Assets
Intangible assets3.1112.479.7
Property, plant and equipment3.2453.7397.3
Deferred tax asset2.814.314.2
Financial assets3.33.02.6
Investment in joint ventures3.451.057.1
634.4550.9
Current Assets
Inventories3.742.939.1
Trade and other receivables3.866.859.4
Derivative financial instruments4.60.40.3
Cash and cash equivalents3.9150.050.9
260.1149.7
Total Assets894.5700.6
Current Liabilities
Trade and other payables3.10(228.6)(205.6)
Borrowings4.2(52.9)
Obligations under finance leases4.3(27.2)(29.8)
Derivative financial instruments4.6(0.1)(0.2)
Provisions3.11(1.3)(2.4)
(257.2)(290.9)
Net Current Assets/(Liabilities)2.9(141.2)
Non-Current Liabilities
Borrowings4.2(243.3)(6.1)
Obligations under finance leases4.3(107.5)(127.0)
Provisions3.11(8.8)(7.3)
Deferred tax liability2.8(7.0)(6.9)
(366.6)(147.3)
Net Assets270.7262.4
Equity
Share capital4.912.612.6
Share premium4.9258.4256.9
Treasury shares reserve4.9(48.0)(48.0)
Reverse acquisition reserve4.9(116.2)(116.2)
Other reserves4.90.70.2
Retained earnings163.2156.9
Total Equity270.7262.4

The notes form part of these financial statements.

The Consolidated financial statements were authorised for issue by the Board of Directors and signed on its behalf by:

Tim Steiner

Chief Executive Officer

Duncan Tatton-Brown

Chief Financial Officer

Ocado Group plc

Company Registration Number 07098618 (England and Wales)

31 January 2018