Consolidated balance sheet

ASSETS	Notes		2008 €'000		2007 €'000
Non-current assets			861,010		563,888
Property, plant and equipment 14   361,131   298,771 Intangible assets 15   359,212   137,565 Investments in associates 16   11,597   10,729 Investments in joint ventures 17   64,895   57,328 Trade and other receivables 19   11,929   6,971 Deferred tax assets 32   25,380   21,672 Available for sale financial assets 18   24,112   30,089 Derivative financial instruments 37   2,754   763   861,010   563,888
Current assets			593,959		612,404
Inventories 20   267,422   225,057 Trade and other receivables 19   183,587   202,234 Derivative financial instruments 37   10,378   4,990 Cash and cash equivalents 21   132,572   159,819   593,959   592,100 Assets in disposal group held for sale 22   -   20,304   593,959   612,404
Total assets			1,454,969		1,176,292
EQUITY
Issued capital and reserves attributable to equity holders of the Parent			227,919		234,575
Share capital and share premium 24   97,320   98,450 Other reserves 25   102,882   107,909 Retained earnings 26   19,707   21,176   219,909   227,535 Minority interests 30   8,010   7,040 Total equity   227,919   234,575
LIABILITIES
Non-current liabilities			819,681		551,794
Borrowings 31   569,374   379,028 Derivative financial instruments 37   9,248   3,736 Deferred tax liabilities 32   59,056   37,587 Retirement benefit obligations 33   164,410   114,248 Provisions for other liabilities and charges 34   4,899   13,660 Capital grants 35   12,694   3,535   819,681   551,794
Current liabilities			407,369		372,276
Trade and other payables 36   351,452   336,663 Current tax liabilities   332   9,182 Borrowings 31   15,281   966 Derivative financial instruments 37   16,815   3,187 Provisions for other liabilities and charges 34   23,489   22,278   407,369   372,276 Liabilities in disposal group held for sale 22   -   17,647   407,369   389,923
Total liabilities			1,227,050		941,717
Total equity and liabilities			1,454,969		1,176,292

On behalf of the Board
L Herlihy
Directors J Moloney G Meagher