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  • Overview
    • Welcome to our annual report 2020
    • A snapshot of what we do and how we do it
    • Our structural framework
    • Our year in review
    • Our response to COVID-19
    • Building on our strong foundations
    • Chairman's view
    • Our unique offering
    • Our projects
      • Our projects - Lord's Cricket Ground - Compton and Edrich Stands redevelopment
      • Our projects - Google Headquarters, Kings Cross
      • Our projects - Data Centre, Republic of Ireland
      • Our projects - European Spallation Source, Lund
      • Our projects - One Braham
    • The scale of our operations
  • Strategic report
    • How we create value
    • The markets we serve
      • The UK and Europe
      • Our market sectors
      • India
    • Engaging with stakeholders
    • Our strategy
      • Overview
      • Growth
      • Clients
      • India
      • Operational excellence
      • People
    • Key performance indicators
    • Our operating performance
    • Our financial performance
    • Building a sustainable business
      • Overview
      • Safety, health and environment
      • Our people
      • Business integrity
    • How we manage risk
      • Overview
      • Principal risks
    • Section 172 statement
  • Our Governance
    • Our board of directors
    • Our executive committee
    • Our chairman's view on governance
    • Corporate governance report
    • Audit committee report
    • Nominations committee report
    • Directors' report
    • Directors' remuneration report
      • Directors' remuneration report - letter
      • Directors' remuneration report - policy
      • Directors' remuneration report - implementation
    • Statement of directors' responsibilities
  • Our financials
    • Independent auditor's report
    • Consolidated income statement
    • Consolidated statement of comprehensive income
    • Consolidated balance sheet
    • Consolidated statement of changes in equity
    • Consolidated cash flow statement
    • Notes to the consolidated financial statements
    • Five year summary
    • Financial calendar
    • Company balance sheet
    • Company statement of changes in equity
    • Notes to the Company financial statements
  • Shareholder information
    • Addresses and advisers
Severfield plc
  • Overview
    • Welcome to our annual report 2020
    • A snapshot of what we do and how we do it
    • Our structural framework
    • Our year in review
    • Our response to COVID-19
    • Building on our strong foundations
    • Chairman's view
    • Our unique offering
    • Our projects
      • Our projects - Lord's Cricket Ground - Compton and Edrich Stands redevelopment
      • Our projects - Google Headquarters, Kings Cross
      • Our projects - Data Centre, Republic of Ireland
      • Our projects - European Spallation Source, Lund
      • Our projects - One Braham
    • The scale of our operations
  • Strategic report
    • How we create value
    • The markets we serve
      • The UK and Europe
      • Our market sectors
      • India
    • Engaging with stakeholders
    • Our strategy
      • Overview
      • Growth
      • Clients
      • India
      • Operational excellence
      • People
    • Key performance indicators
    • Our operating performance
    • Our financial performance
    • Building a sustainable business
      • Overview
      • Safety, health and environment
      • Our people
      • Business integrity
    • How we manage risk
      • Overview
      • Principal risks
    • Section 172 statement
  • Our Governance
    • Our board of directors
    • Our executive committee
    • Our chairman's view on governance
    • Corporate governance report
    • Audit committee report
    • Nominations committee report
    • Directors' report
    • Directors' remuneration report
      • Directors' remuneration report - letter
      • Directors' remuneration report - policy
      • Directors' remuneration report - implementation
    • Statement of directors' responsibilities
  • Our financials
    • Independent auditor's report
    • Consolidated income statement
    • Consolidated statement of comprehensive income
    • Consolidated balance sheet
    • Consolidated statement of changes in equity
    • Consolidated cash flow statement
    • Notes to the consolidated financial statements
    • Five year summary
    • Financial calendar
    • Company balance sheet
    • Company statement of changes in equity
    • Notes to the Company financial statements
  • Shareholder information
    • Addresses and advisers
  • Home
  • Our financials
  • Notes to the consolidated financial statements

Notes to the consolidated financial statements Year ended 31 March 2020

  • 1. Significant accounting policies
  • 2. Critical accounting judgements and estimates
  • 3. Revenue and segmental analysis
  • 4. Operating costs
  • 5. Non-underlying items
  • 6. Staff costs
  • 7. Net finance expense
  • 8. Taxation
  • 9. Dividends
  • 10. Earnings per share
  • 11. Goodwill
  • 12. Other intangible assets
  • 13. Property, plant and equipment
  • 14. Right-of-use assets
  • 15. Interests in JVs and associates
  • 16. Inventories
  • 17. Construction contracts
  • 18. Contract assets, trade and other receivables
  • 19. Trade and other payables
  • 20. Deferred tax assets and liabilities
  • 21. Business combinations
  • 22. Financial instruments
  • 23. Share-based payments
  • 24. Share capital
  • 25. Other reserves
  • 26. Net cash flow from operating activities
  • 27. Analysis of net funds
  • 28. Contingent liabilities
  • 29. Operating lease arrangements
  • 30. Retirement benefit obligations
  • 31. Related party transactions
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