Notes30 November
2014
£m
1 December
2013
£m
Non-current assets
Intangible assets3.138.427.0
Property, plant and equipment3.2275.2224.3
Deferred tax asset2.89.47.9
Available-for-sale financial asset3.30.40.4
Investment in joint ventures3.467.858.9
  391.2318.5
Current assets 
Inventories3.727.623.9
Trade and other receivables3.843.145.2
Cash and cash equivalents3.976.3110.5
  147.0179.6
Total assets 538.2498.1
Current liabilities 
Trade and other payables3.10(136.5)(130.0)
Borrowings4.2(4.4)(3.3)
Obligations under finance leases4.3(26.5)(25.0)
Derivative financial instruments4.6(0.2)(0.2)
Provisions3.11(0.4)(0.5)
  (168.0)(159.0)
Net current (liabilities)/assets (21.0)20.6
Non-current liabilities 
Borrowings4.2(2.3)(6.2)
Obligations under finance leases4.3(142.5)(126.9)
Provisions3.11(5.2)(3.2)
Deferred tax liability2.8(2.0)(0.4)
  (152.0)(136.7)
Net assets 218.2202.4
Equity 
Share capital4.1112.512.4
Share premium4.11255.1251.5
Treasury shares reserve4.11(51.8)(52.4)
Reverse acquisition reserve4.11(116.2)(116.2)
Other reserves4.11(0.3)(0.1)
Retained earnings118.9107.2
Total equity 218.2202.4

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

3 February 2015
Ocado Group plc
Company Registration Number 07098616 (England and Wales)