Note2018
£'000
2017
£'000
ASSETS
Non-current assets
Investments held at fair value11183,98171,331
Intangible assets121,7702,057
Property, plant and equipment13313523
186,06473,911
Current assets
Cash and cash equivalents1531,00974,938
Cash on long-term deposit1560,209
Trade and other receivables142,1741,266
93,39276,204
TOTAL ASSETS279,456150,115
LIABILITIES
Current liabilities
Trade and other payables16(3,399)(3,670)
Deferred tax liability9(5,883)
(9,282)(3,670)
TOTAL LIABILITIES(9,282)(3,670)
NET ASSETS270,174146,445
EQUITY
Share capital and share premium17188,585105,125
Retained earnings82,01842,088
Other reserves(429)(768)
270,174146,445
TOTAL EQUITY270,174146,445

The accompanying notes form an integral part of the financial statements. The financial statements were approved by the Board of Directors and authorised for issue on 28 March 2019, and were signed on its behalf by

James Rawlingson
Chief Financial Officer