Annual Report 2016 - Page 72

Annual Report 2016 Notes to the Financial Statements 17 Stocks Group 2016 £’000 2015 £’000 Stores and raw materials 2,272 2,313 The Company had no stocks at either year-end. 18 Debtors Group Company 2016 2015 2016 2015 (as restated) £’000 £’000 £’000 £’000 Amounts recoverable within one year    Trade debtors   Other debtors    Amounts owed by Group undertakings    Amounts owed by parent undertakings    Prepayments and accrued income 41,092 250 — 364 23,282 40,170 2,368 — 364 17,497 — 33 6,717 — 2,483 — 276 6,312 — 1,956 Amounts recoverable in more than one year    Loans receivable from parent undertakings    Amounts owed by Group undertakings    Other amounts owed by parent undertakings 64,988 60,399 9,233 8,544 93,740 — 3,786 95,657 — 3,906 53,740 17,014 — 55,657 23,188 —    97,526 99,563 70,754 78,845 162,514 159,962 79,987 87,389 19 Borrowings Group Company 2016 2015 2016 2015 £’000 £’000 £’000 £’000 Amounts falling due within one year    Short-term bank loans    Bank term loans    Obligations under finance leases and hire purchase contracts 8,200 — 392 8,592 27,000 8,702 6,837 Amounts falling due in more than one year    Bank term loans   Index-linked debt    Private placement loan notes    Irredeemable debenture stock    Obligations under finance leases and hire-purchase contracts:    Payable between one and two years    Payable between two and five years — 26,420 580 8,702 — — 6,837 — — 109,082 212,046 40,749 1,652 79,018 205,978 40,654 1,652 79,248 — 40,749 — 79,018 — 40,654 — — — 45 — — — — — 363,529 327,347 119,997 119,672 Total borrowings 372,121 354,347 128,699 126,509 The book value of the Group’s index-linked debt of £212,046,000 (2015: £205,978,000) is stated above at amortised cost in accordance with FRS 102. The indexed principal of £192,706,000 (2015: £190,638,000) is used for borrowing covenant reporting purposes. Similarly, Group gross bank loans of £109,763,000 (2015: £106,263,000) and gross private placement loan notes of £41,000,000 (2015: £41,000,000) are used for covenant reporting purposes but, in accordance with FRS 102, are stated above net of unamortised issue costs. 70