Note2017
£m
2016
£m
Non-current assets
Goodwill11157.6160.9
Other intangible assets1243.445.8
Property, plant and equipment13520.5509.0
Deferred tax assets1924.532.5
Trade and other receivables151.00.4
747.0748.6
Current assets
Inventories1416.416.6
Derivative financial instruments180.1
Current tax assets12.819.0
Trade and other receivables15140.4126.3
Cash and bank balances1541.012.0
Assets held for sale162.11.8
212.7175.8
Total assets959.7924.4
Current liabilities
Trade and other payables20138.4133.5
Current tax liabilities29.236.5
Obligations under finance leases0.1
Borrowings171.45.8
Provisions218.711.7
177.7187.6
Net current assets/(liabilities)35.0(11.8)
Non-current liabilities
Borrowings175.0
Retirement benefit obligations2815.221.5
Deferred tax liabilities1957.268.8
Provisions218.78.8
Other payables203.44.4
84.5108.5
Total liabilities262.2296.1
Net assets697.5628.3
Equity
Share capital2233.133.1
Share premium account177.1177.1
Own shares(7.2)(8.0)
Other reserves141.0133.9
Translation reserves45.957.5
Retained earnings307.1234.3
Equity attributable to equity holders of the parent697.0627.9
Non-controlling interests0.50.4
Total equity697.5628.3

The financial statements of Bodycote plc, registered number 519057, were approved by the Board of Directors and authorised for issue on 6 March 2018.

They were signed on its behalf by:

S.C. Harris
Director

D. Yates
Director