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Wolseley Annual Report 2009
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Financial statements
Consolidated accounts
Notes to the consolidated financial statements
Independent auditors’ report to the members of Wolseley plc
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Notes to the company financial statements
Independent auditors’ report to the members of Wolseley plc (company)
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Financial statements
> Notes to the consolidated financial statements
Notes to the consolidated financial statements
Year ended 31 July 2009
Page 0 of 45
1.Critical accounting estimates and judgements
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1. Critical accounting estimates and judgements
2. Segmental analysis
3. Amounts charged in arriving at operating (loss)/profit
4. Exceptional items
5. Finance revenue
6. Finance costs
7. Share of after tax loss of associate
8. Taxation
9. Discontinued operations
10. Dividends
11. (Loss)/earnings per share
12. Non-GAAP measures of performance
13. Employee information and Directors’ remuneration
14. Intangible assets – goodwill
15. Intangible assets – other
16. Property, plant and equipment
17. Investment in associate
18. Financial assets – available-for-sale investments
19. Deferred tax assets and liabilities
20. Inventories
21. Trade and other receivables
22. Financial assets: trading investments
23. Derivative financial instruments
24. Construction loans
25. Cash and cash equivalents
26. Assets and liabilities held for sale
27. Trade and other payables
28. Bank loans and overdrafts
29. Financial instruments and financial risk management
30. Obligations under finance leases
31. Provisions
32. Retirement benefit obligations
33. Share capital
34. Share-based payments
35. Shareholders’ funds and statement of changes in shareholders’ equity
36. Reconciliation of (loss)/profit to net cash inflow from operating activities
37. Analysis of the net outflow of cash in respect of the purchase of businesses
38. Disposals
39. Reconciliation of opening to closing net debt
40. Related party transactions
41. Capital commitments
42. Operating lease commitments
43. Contingent liabilities
44. Parent company
45. Accounting standards and interpretations that are not yet effective
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Page 0 of 45
1.Critical accounting estimates and judgements
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© 2009 Wolseley plc
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