Annual Reports Keepmoat Homes Annual Report 2018

Consolidated balance sheet Keepmoat.com Consolidated balance sheet as at 31 March 2018 Note 2018 £’000 2017 £’000 Assets 9 9,870 12,253 Property, plant and equipment 10 1,265 3,024 Goodwill and other intangible assets Investment property 11 60 600 Investments in joint ventures and associates 12 1,755 513 Trade and other receivables 14 3,670 3,432 6 1,856 1,511 18,476 21,333 Deferred tax asset Total non-current assets Inventories 13 374,471 293,374 Trade and other receivables 14 100,521 144,159 4,082 - 15 41,226 41,427 520,300 478,960 - 307,355 Income tax recoverable Cash and cash equivalents Assets of disposal group classified as held for sale 7 Total current assets 520,300 786,315 Total assets 538,776 807,648 Equity Share capital 20 Share premium account 313 313 50,000 50,000 131,039 213,973 Merger reserve 186 186 Capital redemption reserve 217 217 181,755 264,689 30,975 Retained earnings Total equity Liabilities Trade and other payables 16 76,900 Loans and borrowings 18 - 709 Provisions for liabilities 19 1,690 6,360 Retirement benefit liability 22 23 329 6 - 1,330 78,613 39,703 16 259,497 238,351 - 2,404 Loans and borrowings 18 7,271 15,675 Provisions for liabilities 19 Deferred tax liability Non-current liabilities Trade and other payables Income tax payable Liabilities of disposal group classified as held for sale Current liabilities 7 11,640 2,270 278,408 258,700 - 278,408 503,256 244,556 Total liabilities 357,021 542,959 Total equity and liabilities 538,776 807,648 The consolidated financial statements on pages 24 to 66 of Keepmoat Limited, registered number 01998780, were approved by the Board of Directors on 16 July 2018 and were signed on its behalf by: M Priest Director 26

Annual Reports Keepmoat Homes Annual Report 2018 | Page 26