Notes2 December
2018
£m
3 December
2017
Restated*
£m
28 November
2016
Restated*
£m
Non-Current Assets
Intangible assets3.1143.2112.479.7
Property, plant and equipment3.2556.7468.2400.3
Deferred tax asset2.916.614.314.2
Costs to obtain contracts2.40.8
Financial assets3.44.13.02.6
Investment in joint ventures3.552.251.057.1
773.6648.9553.9
Current Assets
Asset held for sale3.34.2
Inventories3.856.542.939.1
Trade and other receivables3.9104.766.859.4
Derivative financial instruments4.60.10.40.3
Cash and cash equivalents3.10410.8150.050.9
576.3260.1149.7
Total Assets1,349.9909.0703.6
Current Liabilities
Trade and other payables3.11(291.0)(216.5)(192.4)
Contract liabilities2.4(6.6)(4.7)(5.9)
Borrowings4.2(52.9)
Obligations under finance leases4.3(22.9)(27.2)(29.8)
Derivative financial instruments4.6(0.5)(0.1)(0.2)
Provisions3.12(8.3)(1.3)(2.4)
(329.3)(249.8)(283.6)
Net Current Assets/(Liabilities)247.010.3(133.9)
Non-Current Liabilities
Contract liabilities2.4(108.6)(45.0)(24.1)
Borrowings4.2(244.3)(243.3)(6.1)
Obligations under finance leases4.3(93.4)(107.5)(127.0)
Provisions3.12(8.8)(8.8)(7.3)
Deferred tax liability2.9(8.9)(7.0)(6.9)
(464.0)(411.6)(171.4)
Net Assets556.6247.6248.6
Equity
Share capital4.914.012.612.6
Share premium4.9587.0258.4256.9
Treasury shares reserve4.9(9.2)(48.0)(48.0)
Reverse acquisition reserve4.9(116.2)(116.2)(116.2)
Other reserves4.91.40.70.2
Retained earnings79.6140.1143.1
Total Equity556.6247.6248.6

* 2016 and 2017 restatement was due to the adoption of IFRS 15 during the year. Refer to note 1.5 for further details.

The Notes to the Consolidated Financial Statements 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)
5 February 2019