Group Balance Sheet
At 31 December 2011
| Notes | 2011 | 2010 | |
| €'000 | €'000 | ||
| Fixed assets | |||
| Tangible assets | 10 | 1,467,195 | 1,444,422 |
| Financial assets | 11 | 1,218 | 1,221 |
| Intangible assets | 12 | 578 | 696 |
| 1,468,991 | 1,446,339 | ||
| Current assets | |||
| Stocks | 13 | 24,196 | 17,449 |
| Debtors | 14 | 60,937 | 58,432 |
| Cash | 15,585 | 9,428 | |
| 100,718 | 85,309 | ||
| Creditors: Amounts falling due within one year | 15 | (60,361) | (51,219) |
| Net current assets | 40,357 | 34,090 | |
| Total assets less current liabilities | 1,509,348 | 1,480,429 | |
| Creditors: Amounts falling due after one year | 18 | (171,732) | (162,012) |
| Provisions for liabilities and charges | 20 | (6,166) | (7,485) |
| Net assets excluding pension liability | 1,331,450 | 1,310,932 | |
| Pension liability | 9 | (130,525) | (86,382) |
| Net assets including pension liability | 1,200,925 | 1,224,550 | |
| Capital and reserves | |||
| Called up share capital | 21 | 795,060 | 795,060 |
| Capital conversion reserve fund | 21 | 6,145 | 6,145 |
| Profit and loss account | 22 | 246,932 | 272,072 |
| Grant reserve | 22 | 152,788 | 151,273 |
| Shareholders’ funds | 1,200,925 | 1,224,550 |
Brendan McKenna (Chairman) David Gunning (Chief Executive)