As at 31 Dec 2008	As at 31 Dec 2007
	Notes	£000s	£000s
Assets
Non-current assets
Intangible assets	9	264,733	210,839
Property, plant and equipment	10	24,575	21,706
Deferred tax assets	18	–	114
		289,308	232,659
Current assets
Trade and other receivables	12	157,607	119,504
Cash at bank		17,088	10,884
		174,695	130,388
Liabilities
Current liabilities
Borrowings	14	456	174
Deferred consideration	16	16,585	8,939
Trade and other payables	13	87,868	62,750
Corporation tax liabilities		2,688	3,434
Provisions	17	1,417	595
		109,014	75,892
Net current assets		65,681	54,496
Non-current liabilities
Borrowings	14	45,187	43,340
Deferred consideration	16	11,463	10,453
Other creditors		417	1,320
Deferred tax liabilities	18	6,746	–
Provisions	17	3,569	4,508
		67,382	59,621
Net assets		287,607	227,534
Equity
Share capital	20	6,399	6,319
Share premium	20	95,531	93,225
Other reserves	20, 21	43,551	17,516
Retained earnings	20	142,126	110,474
Total shareholders' equity	20	287,607	227,534

These financial statements were approved and authorised for issue by the Board on 4 March 2009.

The notes on pages 67 to 110 form part of these financial statements.

Dr Alan Hearne, Director

Gary Young, Director

On behalf of the Board of RPS Group Plc.