Elementis
Annual Report 2001

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Consolidated profit & loss account for the year ended 31 December 2001


 

Note

Before goodwill
amortisation & exceptionals
£million

Goodwill
amortisation
£million

Exceptionals
£million

2001
£million

2000
£million

           
         
         

Turnover

 

 

 

 

 

 

 

 

 

 

 

 

Continuing operations

 

 

 

392.9

 

-

 

-

 

392.9

 

413.8

Discontinued operations

 

 

 

137.5

 

-

 

-

 

137.5

 

160.0

Group turnover

 

2

 

530.4

 

-

 

-

 

530.4

 

573.8

Group operating profit/(loss)

 

 

 

 

 

 

 

 

 

 

 

 

Continuing operations

 

 

 

 

 

 

 

 

 

 

 

 

Before goodwill amortisation and exceptionals

 

 

 

15.7

 

-

 

-

 

15.7

 

57.4

Goodwill amortisation

 

 

 

-

 

(14.0)

 

-

 

(14.0)

 

(13.3)

Exceptionals

 

 

 

-

 

-

 

(5.1)

 

(5.1)

 

(3.0)

 

 

 

 

15.7

 

(14.0)

 

(5.1)

 

(3.4)

 

41.1

Discontinued operations

 

 

 

2.4

 

-

 

-

 

2.4

 

6.0

 

 

2,3,4

 

18.1

 

(14.0)

 

(5.1)

 

(1.0)

 

47.1

Associates

 

 

 

0.1

 

-

 

-

 

0.1

 

0.1

Operating profit/(loss)

 

 

 

18.2

 

(14.0)

 

(5.1)

 

(0.9)

 

47.2

Profit on disposal of business – discontinued operations

 

 

 

-

 

-

 

1.4

 

1.4

 

-

Profit on ordinary activities before interest

 

 

 

18.2

 

(14.0)

 

(3.7)

 

0.5

 

47.2

Net interest payable

 

5

 

(4.2)

 

-

 

-

 

(4.2)

 

(5.1)

Profit/(loss) on ordinary activities before tax

 

 

 

 

 

 

 

 

 

 

 

 

Before goodwill amortisation and exceptionals

 

 

 

14.0

 

-

 

-

 

14.0

 

58.4

Goodwill amortisation

 

 

 

-

 

(14.0)

 

-

 

(14.0)

 

(13.3)

Exceptionals

 

 

 

-

 

-

 

(3.7)

 

(3.7)

 

(3.0)

 

 

 

 

14.0

 

(14.0)

 

(3.7)

 

(3.7)

 

42.1

Tax on profit/(loss) on ordinary activities

 

6

 

3.6

 

-

 

4.9

 

8.5

 

(7.8)

Profit on ordinary activities after tax

 

 

 

17.6

 

(14.0)

 

1.2

 

4.8

 

34.3

Minority interests – equity

 

 

 

(0.1)

 

-

 

-

 

(0.1)

 

(0.1)

Profit for the financial year

 

 

 

17.5

 

(14.0)

 

1.2

 

4.7

 

34.2

Dividends – non-equity

 

7

 

(0.1)

 

-

 

-

 

(0.1)

 

(0.1)

Amount transferred to reserves

 

24

 

17.4

 

(14.0)

 

1.2

 

4.6

 

34.1

                         

Earnings per ordinary share

 

8

 

 

 

 

 

 

 

 

 

 

Basic and diluted

 

 

 

 

 

 

 

 

 

1.1p

 

7.9p

Basic before goodwill amortisation and exceptionals

 

 

 

 

 

 

 

 

 

4.0p

 

11.6p

Diluted before goodwill amortisation and exceptionals

 

 

 

 

 

 

 

 

 

4.0p

 

11.5p

                         

 



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